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Topic: Science
Number of pages / Number of words: 4 / 1080
Essay's paper body

The compound interest is _____________

Practice Problems.

1. a.)What is the simple interest earned on $18,400.00 at 9% for 4 years? Show work.

Answer: _______

b.) What is the amount of compound interest earned on $18,400.00 at 9% compounded annually for 4 years? Answer: _______

N=

I%=

PV=

PMT =

FV=

P/Y =

C/Y=

c...


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Find the future value and the compound interest. Round to the nearest cent.

|Principal |Investment terms |Future Value |Compound Interest |

|$10,000.00 |6 years at 8% compounded annually | | |

N=

I%=

PV=

PMT =

FV=

P/Y =

C/Y=

3. Find the future value and the compound interest. Round to the nearest cent...


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General points of the essay

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