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is this right????? help 21 of 28 (23 complete) The Text 25 pts possible An international form deposited $700,000 in a 5 year time deposit

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is this right????? help

21 of 28 (23 complete) The Text 25 pts possible An international form deposited $700,000 in a 5 year time deposit earning 6% compounded daily with a bank as partial collateral for a loan. Find the compound amount and the interest earned Click the icon to view the compound interest table for time deposits What is the compound amount? $944877.55 (Round to the nearest cent as needed) What is the interest earned? 244877.55 (Round to the nearest cent as needed.) Enter your answer in each of the answer boxes 8:58 PM 11/10/2020

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