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ch 11 5. Manually calculate the compound amount and compound interest for the following investment. Round your answers to the nearest cent. Do not round

ch 11

5. Manually calculate the compound amount and compound interest for the following investment. Round your answers to the nearest cent. Do not round intermediate calculations.

Principal Time Period (years) Nominal Rate (%) Interest Compounded Compound Amount Compound Interest

$6,000 3 12 semiannually $ $

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