Question: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal $5,400

Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal $5,400 Time Nominal Interest Period (years) Rate (%) Compounded 4 8 quarterly Compound Amount Compound Interest

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Compound Amount is 661478 Compound Interest is 121478 C The principal amount is 5400 ... View full answer

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