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1 On April 1, Hilda made a $3400 deposit to open a savings account paying 33% compounded daily. She then deposited $210 on May 6
1 On April 1, Hilda made a $3400 deposit to open a savings account paying 33% compounded daily. She then deposited $210 on May 6 and $620 on May 21. Find the balance on June 30 and the interest earned through that date. 2 Click here to view the 3.5% compound interest table. On June 30, what is the balance in the account? (Round to the nearest cent as needed.) An international firm deposited $800,000 in a 2-year time deposit earning 6% compounded daily with a bank as partial collateral for a loan. Find the compound amount and the interest earned. Click the icon to view the compound interest table for time deposits. What is the compound amount? $ (Round to the nearest cent as needed.) Find the amount of interest earned by the following certificate of deposit. Assume daily compounding, and use the Compound Interest for Time Deposit Accounts table. Amount Interest Time Interest Deposited Rate in Years Earned $23,000 4% 5 Click the icon to view the table of Compound Interest for Time Deposit Accounts. The amount of interest eamed by the certificate of deposit is $ (Round to the nearest cent as needed.)
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