24 Jan

Consider a $1,900 deposit earning 7 percent interest

by jagguarpaw On: Finance - 0 Comment

Question: Consider a $1,900 deposit earning 7 percent intere…

Consider a $1,900 deposit earning 7 percent interest per year for six years

What is the future value? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) What is the future value ____?

How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) How much total intrest is earned on the orginal deposit______?

How much is interest earned on interest? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Interest earned on interest_______?

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