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The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal Rate Compounded Time $6000

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal Rate Compounded Time $6000 8% semiannually 5 years A. Find how much money there will be in the account after the given number of years. B. Find the interest earned. A. The amount of money in the account after 5 years is ______ (Round to the nearest hundredth as needed.) B. The amount of interest earned is _____ (Round to the nearest hundredth as needed.)

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