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3). a. b. Rate Time The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.

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Rate Time The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal $6000 Compounded quarterly 7% 3 years A. Find how much money there will be in the account after the given number of years. B. Find the interest earned. A. The amount of money in the account after 3 years is $ (Round to the nearest hundredth as needed.) 8.4.7 : Question Help Time The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal $2500 Rate 3.5% Compounded monthly 2 years A. Find how much money there will be in the account after the given number of years. B. Find the interest earned. A. The amount of money in the account after 2 years is $ (Round to the nearest hundredth as needed.)

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