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Calculate the following, using Table 12.2 on page 308: Principle Interest Rate Compounded Daily Period (in years) Rate from Table 12.2 Total Total Interest a.

  1. Calculate the following, using Table 12.2 on page 308:

Principle

Interest Rate

Compounded Daily

Period (in years)

Rate from Table 12.2

Total

Total Interest

a.

$700

6.5%

7

1.5761

b.

$1,000

8%

6

1.6160

c.

$800

9.5%

4

1.4622

d.

$1,500

10%

10

2.7179

e.

$500

9.5%

30

17.2813

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