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Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors (Round new table
Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors (Round new table factors to fixe decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-1. Calculate the compound interest on an investment of $18,000 at 8%, interest compounded quarterly, for 15 months. O a $883.54 Ob $18,788.21 Oc $1.873.44 d. $8,725.35 QUESTION 3 Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to fixe decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-1. Roby invests $1.700, at 8% interest, compounded quarterly for 8 years. Calculate the compound amount for his investment. O $25,071.17 Ob $65.600.54 Oc $64,065.08 Od $35.241.09
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