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9 Use the compound interest formula to calculate the final amount of each investment or loan 1 a 10 000 invested at 6 annual interest
9 Use the compound interest formula to calculate the final amount of each investment or loan 1 a 10 000 invested at 6 annual interest compounded semi annually for 5 years b 5000 invested at 3 6 interest per yea compounded monthly for 7 years c a 4500 balance on a credit card at 18 9 annual interest compounded daily from the November 22nd due dat to the arrival of the payme on December 13th
9 Use the compound interest formula to calculate the final amount of each investment or loan 1 a 10 000 invested at 6 annual interest compounded semi annually for 5 years b 5000 invested at 3 6 interest per yea compounded monthly for 7 years c a 4500 balance on a credit card at 18 9 annual interest compounded daily from the November 22nd due dat to the arrival of the payme on December 13th
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