What is the maturity value of a

9-year

term deposit of

$6978.

at

5.7%

compounded

annually question 

How much interest did the deposit earn?

 

he maturity value of the term deposit is   $                                                                                                                                Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

The amount of interest earned is $                                                                                                                                                    (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answer rating: 100% (QA)

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