Principal Rate Compounded Time $895 5% Annually 10 years   The future value is $ , and the compound interest is $ .

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 3PPS
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Find the compound interest and future value. Do not round intermediate steps. Round your answers to the nearest cent.

Principal Rate Compounded Time
$895
5%
Annually
10
years
 
The future value is
$
, and the compound interest is
$
.
 
 
 
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