Question: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal $24,000

Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal $24,000 Time Nominal Interest Period (years) Rate (%) Compounded Compound Amount 12 5 annually s[ Compound Interest

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