Question: The appropriate formula for Exercise 1 - 4. Rate of Term compound interest Compounod amount Compound interest Principal 1. $2,000 2 $5,000 3, $10,000 $8,000

The appropriate formula for Exercise 1 - 4.

Rate of Term compound interest Compounod amount Compound interest Principal 1. $2,000 2 $5,000 3, $10,000 $8,000 Compounded semiannually quarterly annually semiannually (years) 3% 4% 2.5% 1%

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