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Mathematics, 18.03.2021 02:00 adibakawsar

If the interest is compounded semiannually, look up on the chart half the rate and twice the years. If the interest is compounded quarterly, look up one-fourth the rate and four times the years.  What is the total amount and the amount of interest earned on $5,000 at 8% for 20 years? compounded annually: Total amount, Interest amount
compounded semiannually: total amount, interest amount
compounded quarterly: total amount, interest amount​


If the interest is compounded semiannually, look up on the chart half the rate and twice the years.

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