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1. 2. 3. Poriad 1 2 3 4 5 7 8 9 10 11 12 13 1.00500 101003 1.01 SOS 1.02015 1.02525 1.03038 1.03553 1.01071

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Poriad 1 2 3 4 5 7 8 9 10 11 12 13 1.00500 101003 1.01 SOS 1.02015 1.02525 1.03038 1.03553 1.01071 1.04591 1.05114 1.05640 1.06168 1.066.99 1.07232 1.07768 1.08307 1.08819 1.09393 1.099.00 1.10490 L11012 1.11597 1.12155 1.12716 L.13280 1.13846 1.14415 1.14987 L.15562 1.16140 IS 16 17 18 19 20 21 22 23 24 25 26 27 28 29 10 1.01000 1.02010 1.03030 1.00060 1.05101 1.06152 1.07214 1.OR286 1.09369 1.1042 1.11567 1.12683 1.13309 1.1 0907 1.16097 1.17258 1.18:30 1.19615 1.20811 1.22019 1.23279 1.24472 1.25716 1.26973 1.28203 1.29526 1.30521 1.32129 1.33450 1.34785 Compound Interest Table Interest Rate por Compounding Period 2% 2% 3% 49 1.0/2000 1.02500 103000 100000 1.00000 1.OS063 1.06090 1.08160 1.06121 1.07689 1.09273 1.12486 1.08203 1.10381 L12551 1.16986 1.100 1.13141 L. 15927 1.2166 1.12616 LIS969 1.19405 1.26532 1.14869 L18869 1.22987 1.31993 1.17166 1.21840 1.26677 1.36857 1.19509 1.24856 1.30477 1.42331 1.21899 1.2800N 1.14.392 1/48024 1.24337 1.31209 1.38423 1.53945 1.26824 1.34489 1.42576 1.60103 1.29361 1.37851 1.46853 1.66507 131948 1.41297 1.S1259 1.73168 1344587 1.448.30 1.55797 1.80094 137279 1.48451 1.60171 1.87298 1.40024 1.52162 1.65285 1.9.4790 1.42825 1.5966 1.70243 2.02562 1.45681 1.59865 1.75351 2.1068S 1.48595 1.63862 1.80611 2.19112 1.S1567 1.67958 1.86029 2.27877 1.54598 1.72157 1.91610 2.36992 1.57690 1.76461 1.97359 2/4672 1.60844 1.80873 203279 2.56330 1.60061 1.85394 2.09378 2.66584 1.67342 1.90029 2.15699 2.77247 1.70689 1.94780 222129 2.88337 1.74102 1.99650 2.28793 2.99570 1.77581 2.04641 2.35657 3.11865 1.81136 2.09757 2.42726 3.243.40 1.01300 1.03023 1.04568 1.061.16 1.07728 1.09344 1.10984 1.12649 1.14339 1.16054 1.17795 1.19562 1.21355 1.23176 1.25023 1.26899 1.28802 1.30734 1.326.95 1.34686 1.36706 1.38756 1.40818 1.42950 1.45095 1.47271 1.49480 1.51722 1.53998 1.56308 5% 1.OSOCO 1.10250 1.15763 1.21551 1.27628 1.34010 1.40710 1.47746 1.55133 1.62889 1.71034 1.79586 1.88565 1.97993 2.07893 2.18287 2.29202 2.40662 2.526.95 2.65330 2.78596 292526 3.07152 3.22510 3.38635 3.55567 3.73346 3.92013 4.11614 4.32194 6% 1.06.000 1.12.10 1.19102 1.2628 1.33523 1.AIRS2 1.50363 1. SIERS 1.68948 1.790RS 1.89830 2.01220 2.13293 2.26090 2396.56 250085 2.69277 2.85434 3.02500 3.20714 3.39956 3.60354 3.81975 4.04893 4.29187 4.54938 4.52215 S.11169 S41839 5.74349 8% LONDOO 1.16640 1.25971 1.36049 1.46933 1.58687 1.71382 1.85093 1.99900 2.1592 233164 2.51817 2.71962 2.93719 3.17217 3.42594 3.70002 3.99602 431570 4.66096 5.03383 5.43654 5.87146 6.34118 6.848.48 7.39635 7.98806 8.62711 931727 10.06266 Period 1 2 3 4. 5 6 7 8 9 10 11 12 13 14 IS 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Use values from the compound interest table to find the compound interest. Round to the nearest cent. $5,720 at 6% compounded semiannually for 8 years Use the table to solve the problem. Round to the nearest cent. John Lee's savings account has a balance of $3,070. After 6 years, what will the amount of interest be at 6% compounded semiannually? Find the simple interest for the period indicated. Then use table values to find the compound interest. Finally, find the difference between compound interest and simple interest. Round to the nearest cent. Interest is compounded annually.) Principal: $2012 Rate: 8% Years: 9

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