Calculate the amount of simple interest earned. a. $1,000 at 10% for 5 years. b. If $34,500 is inve
Question: Calculate the amount of simple interest earned.
a. $1,000 at 10% for 5 years.
b. If $34,500 is invested at 6.9% for 30 years, find the future value if the interest is compounded annually
c. If $34,500 is invested at 6.9% for 30 years, find the future value if the interest is compounded semi-annually
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