Find the compound amount of each deposit and the amount of interest earned. 470 at 5.4% (0.054) compounded semiannually for 12 years. Find the interest rate for each deposit and compound amount. 6725 accumulating to 10 353.47, compounded monthly for 7 years.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 26E
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Find the compound amount of each deposit and the amount of interest earned.

470 at 5.4% (0.054) compounded semiannually for 12 years.

Find the interest rate for each deposit and compound amount.

6725 accumulating to 10 353.47, compounded monthly for 7 years.

 

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