Solved: Find the compound amount for the deposit and the amount of interest earned. ​$13,000 at ​4% compounded monthly for 10 years

$5.00

Category:

Description

Find the compound amount for the deposit and the amount of interest earned. ​$13,000 at ​4% compounded monthly for 10 years Question content area bottom

Part 1 The compound amount after 10 years is ​$    ​

(Do not round until the final answer. Then round to the nearest cent as​ needed.)

Part 2 The amount of interest earned is ​$    enter your response here. ​

(Do not round until the final answer. Then round to the nearest cent as​ needed.)

Get Homework Help Now

Reviews

There are no reviews yet.

Be the first to review “Solved: Find the compound amount for the deposit and the amount of interest earned. ​$13,000 at ​4% compounded monthly for 10 years”

Your email address will not be published. Required fields are marked *