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For the following investment, compute the amount of compound interest earned in 1 year and the annual percentage yield (APY). Do not enter the percent

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For the following investment, compute the amount of compound interest earned in 1 year and the annual percentage yield (APY). Do not enter the percent symbol in your answer. Click here for Table 11-1. Round percentage answer to two decimal places and compound interest to the nearest cent. Nominal Interest Compound Interest Annual Percentage Principal Rate (%) Compounded Earned in 1 Year Yield (APY) $8,000 12 monthly $ % 12.68 The following investment requires table factors for periods beyond the table. Create the new table factor, rounded to five places, and calculate the compound amount for it. Click here for Table 11-1. Round your answer for compound amount to the nearest cent. Time Nominal Interest New Table Compound Principal Period (years) Rate (%) Compounded Factor Amount 153674 $10,000 14 20 quarterly $ D Focus States) TABLE 11-1 Compound Interest Table (Future Value of $1 at Compound Interest) Periods 1% 1% 2% 3% 4% 5% 6% 7% 8% Periods 1 1 2 2 3 1.00500 1.01003 1.01508 1.02015 1.02525 1.01000 1.02010 1.03030 1.04060 1.05101 1.01500 1.03023 1.04568 1.06136 1.07728 1.02000 1.04040 1.06121 1.08243 1.10408 1.03000 1.06090 1.09273 1.12551 1.15927 1.04000 1.08160 1.12486 1.16986 1.21665 1.05000 1.10250 1.15763 1.21551 1.27628 1.06000 1.12360 1.19102 1.26248 1.33823 1.07000 1.14490 1.22504 1.31080 1.40255 1.08000 1.16640 1.25971 1.36049 1.46933 3 4 4 5 5 6 7 8 1.03038 1.03553 1.04071 1.04591 1.05114 1.06152 1.07214 1.08286 1.09369 1.10462 1.09344 1.10984 1.12649 1.14339 1.16054 1.12616 1.14869 1.17166 1.19509 1.21899 1.19405 1.22987 1.26677 1.30477 1.34392 1.26532 1.31593 1.36857 1.42331 1.48024 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 1.50073 1.60578 1.71819 1.83846 1.96715 1.58687 1.71382 1.85093 1.99900 2.15892 6 7 8 9 10 9 10 11 12 13 14 15 1.05640 1.06168 1.06699 1.07232 1.07768 1.11567 1.12683 1.13809 1.14947 1.16097 1.17795 1.19562 1.21355 1.23176 1.25023 1.24337 1.26824 1.29361 1.31948 1.34587 1.38423 1.42576 1.46853 1.51259 1.55797 1.53945 1.60103 1.66507 1.73168 1.80094 1.71034 1.79586 1.88565 1.97993 2.07893 1.89830 2.01220 2.13293 2.26090 2.39656 2.10485 2.25219 2.40985 2.57853 2.75903 2.33164 2.51817 2.71962 2.93719 3.17217 11 12 13 14 15 16 17 18 19 20 1.08307 1.08849 1.09393 1.09940 1.10490 1.17258 1.18430 1.19615 1.20811 1.22019 1.26899 1.28802 1.30734 1.32695 1.34686 1.37279 1.40024 1.42825 1.45681 1.48595 1.60471 1.65285 1.70243 1.75351 1.80611 1.87298 1.94790 2.02582 2.10685 2.19112 2.18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714 2.95216 3.15882 3.37993 3.61653 3.86968 3.42594 3.70002 3.99602 4.31570 4.66096 16 17 18 19 20 21 22 23 24 25 1.11042 1.11597 1.12155 1.12716 1.13280 1.23239 1.24472 1.25716 1.26973 1.28243 1.36706 1.38756 1.40838 1.42950 1.45095 1.51567 1.54598 1.57690 1.60844 1.6406 1.86029 1.91610 1.97359 2.03279 2.09378 2.27877 2.36992 2.46472 2.56330 2.66584 2.78596 2.92526 3.07152 3.22510 3.38635 3.39956 3.60354 3.81975 4.04893 4.29187 4.14056 4.43040 4.74053 5.07237 5.42743 5.03383 5.43654 5.87146 6.34118 6.84848 21 22 23 24 25 9% Periods 1 2. Periods 1 2 10% 1.10000 1.21000 1.33100 1.46410 1.09000 1.18810 1.29503 1.41158 11% 1.11000 1.23210 1.36763 1.51807 12% 1.1 2000 1.25440 1.40493 1,57352 13% 1.13000 1.27690 1.44290 1.63047 14% 1.14000 11.29960 148154 1.68896 15% 1.15000 1.32280 152088 1.74901 179 1.17000 1.36890 1.60161 1.87389 16% 1.16000 1.34560 1.56090 1.81064 18% 1.18000 1.39240 1.64303 1.93878 3 3 4 4 O w be here to search 23 24 25 1.12155 1.12716 1.13280 1.25716 1.26973 1.28243 1.38750 1.40838 1.42950 1.45095 1.54598 1.57690 1.60844 1.64061 1.91610 1.97359 2.03279 2.09378 2.36992 2.46472 2.56330 2.66584 2.92526 3.07152 3.22510 3.38635 3.60354 3.81975 4,04893 4.29187 4.14000 4.43040 4.74053 5.07237 5.42743 5.03383 5.43654 5.87146 6.34118 6.84848 21 22 23 24 25 Periods 1 Periods 2 1 9% 1.09000 1.18810 1.29503 1.41158 1.53862 10% 1.10000 1.21000 1.33100 1.46410 1.61051 11% 1.11000 1.23210 1.36763 1.51807 1.68506 12% 1.1 2000 1.25440 1.40493 1.57352 1.76234 3 4 5 13% 1.13000 1.27690 1.44290 1.63047 1.84244 14% 1.14000 1.29960 1.48154 1.68896 1.92541 15% 1.15000 1.32250 1.52088 1.74901 2.01136 16% 1.16000 1.34560 1.56090 1.81064 2.10034 17% 1.17000 1.36890 1.60161 1.87389 2.19245 18% 1.18000 1.39240 1.64303 1.93878 2.28776 2 3 4 5 6 7 6 8 9 1.67710 1.82804 1.99256 2.17189 2.36736 1.77156 1.94872 2.14359 2.35795 2.59374 1.87041 2.07616 2.30454 2.55804 2.83942 1.97382 2.21068 2.47596 2.77308 3.10585 2.08195 2.35261 2.65844 3.00404 3.39457 2.19497 2.50227 2.85259 3.25195 3.70722 2.31306 2.66002 3.05902 3.51788 4.04556 2.43640 2.82622 3.27841 3.80296 4.41144 2.56516 3.00124 3.51145 4.10840 2.69955 3.18547 3.75886 4.43545 5.23384 7 8 9 10 4.80683 10 11 12 13 2.58043 2.81266 3.06580 3.34173 3.64248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.49845 3.88328 4.31044 4.78459 3.47855 3.89598 4.36349 4.88711 5.47357 3.83586 4.33452 4.89801 5.53475 6.25427 4.22623 4.81790 5.49241 6.26135 7.13794 4.65239 5.35025 6.15279 7.07571 8.13706 5.11726 5.93603 6.88579 7.98752 9.26552 5.62399 6.58007 7.69868 9.00745 10.53872 6.17593 7.28759 8.59936 10.14724 11.97375 11 12 13 14 15 14 15 16 17 18 19 20 3.97031 4.32763 4.71712 5.14166 5.60441 4.59497 5.05447 5.55992 6.11591 6.72750 5.31089 5.89509 6.54355 7.26334 8.06231 6.13039 6.86604 7.68997 8.61276 9.64629 7.06733 7.98608 9.02427 10.19742 11.52309 8.13725 9.27646 10.57517 12.05569 13.74349 9.35762 10.76126 12.37545 14.23177 16.36654 10.74800 12 46768 14.46251 16.77652 19.46076 12 33030 14.42616 16.87895 19.74838 23.10560 14.12902 16.67213 19.67325 23.21-444 27.39303 16 17 18 19 20 21 22 we leaming 21 22 23 24 25 6.10881 6.65860 7.25787 7.91108 8.62308 7.40025 8.14027 8.95430 9.84973 10.83471 8.94917 9.93357 11.02627 12.23916 13.58546 10.80385 12.10031 13.55235 15.17863 17.00006 13.02109 14.71383 16.62663 18.78809 21.23054 15.66758 17.86104 20.36158 23.21221 26.46192 18.82152 21.64475 24.89146 28.62518 32.91895 22.57448 26.186-10 30.37022 35.236-12 10.87424 27.03355 31.6.1925 37.00623 43.29739 50.6$783 3232378 3814206 45.00763 53.10901 62.66863 24 25 The values in Table 11-1 were generated by the formula FV = (1 + )" rounded to five decimal places, where i is the interest rate per period and n is the total number of periods. search

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