Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal $8,000 Time Nominal Interest Period (years) Rate (%) Compounded Compound Amount 12 annually Compound Interest TABLE 11-1 Compound Interest Table (Future Value of $1 at Compound Interest) Periods 1% 1 2 3 1.01508 1.03030 1.00500 1.01000 1.01500 1.01003 1.02010 1.03023 1.04568 2% 1.02000 3% 1.03000 4 1.02015 5 102525 105101 1.04060 1.06136 1.07728 6 103038 106152 103553 1.07214 106000 1.07000 1.08000 104040 1.06090 1.08160 1.10250 1.12360 114490 1.16640 1.06121 1.09273 1.12486 1.15763 1.19102 1.22504 125971 1.08243 11255 1.16986 1.21551 1.26248 131080 1.10408 1.15927 1.21665 127628 3.33821 100344 1.12616 L19405 1.10984 114869 1.22987 4% 5% 104000 1.05000 6% 7% 8% Periods 2 3 136049 140255 146913 1.04071 1.08286 132649 117166 126677 9 1.04591 109369 1.14319 1.19509 10 1.05114 1.10462 116054 1.21899 130477 134392 136857 142331 148024 1265132 134010 141852 131593 140710 150361 147746 159385 1.55133 1.68948 1,83846 1.99900 162889 1.79085 196715 215892 10 150073 158687 160578 1.71382 171819 L85090 11 105640 131567 1.17795 124337 12 106168 132683 1.19562 1,26824 13 1,06699 1.13809 1.21355 129361 146853 138423 153945 142576 160103 166307 14 107232 114947 1,23176 131948 131259 171054 18900 1.79586 201220 188565 213293 173168 1.97993 2.26090 15 107768 116097 1:25023 134587 E55797 130094 2.07893 239656 2.10485 2.25219 2.40985 271962 2.57853 275903 233164 251817 12 13 293719 14. 3.17217 15 16 1.08307 1.17258 3:26899 137279 160471 187298 2.18287 17 1.08840 1.18430 1,28802 140024 18 1.09393 1,19615 330734 142825 19 1.09940 1.20811 132695 145661 20 110490 1,22019 1.34686 1.48595 165285 194790 2.29202 170043 201582 2.40662 175351 210685 252695 180611 2.19112 2.65330 254035 295216 3.42594 16 2.69277 3.15882 3.70002 17 285434 337993 3.99602 18 302560 3.61653 431570 19 3.20714 3.86968 4,66096 20 21 1.11042 123239 136706 151567 1.11597 124472 138756 154598 112155 125716 140838 157690 24 25 1.12716 126973 142950 1.13280 1.28243 145095 1.60544 164061 186029 2.27877 278596 339956 414056 1.91610 236992 292526 3.60354 4,43040 543654 22 197359 246472 3.07152 3.81975 4.74053 5.87146 23 203279 256330 322510 404893 5.07237 634118 24 209378 266584 3.38635 4.29187 542743 684848 25 5.03383 21 Periods 9% 10% 11% 12% 1.09000 130000 111000 112000 13% CL000 14% 15% 2 1.18810 121000 1.23210 1.25440 127690 1.29503 133100 1.36763 1.40491 144290 4 141158 1.46410 1.51807 157352 5 1.53862 1.61051 1.68506 176234 16% 17% 14000 E15000 L16000 1.17000 129960 1.32250 134560 1.36890 148154 152088 156090 160161 L64303 163047 196 1,7490 181064 1.87389) 1.93878 184244 192541 2.01136 2.10034 2.19245 228776 18% 1.18000 Periods 1.39240 2 3 4 5 6 9 10 1.67710 1.77156 1.87041 1.82804 194872 2.07616 1,99256 2.14359 2.17189 2.35795 2.36736 2.59374 2.30454 2.55804 2.83942 1.97382 206195 221068 235261 247596 265844 2.77308 3.00404 3.10585 3.39457 2.39497 2.50227 285259 3.05902 3.25195 351788 3.70722 4.04556 2.31306 2.66002 243640 236516 2.69955 282622 3.00124 3.18547 3.27841 3.51145 3.75886 3.80296 6 7 8 441144 4.10840 4.43545 4.80683 5.23384 9 10 11 12 13 3.06580 3,45227 14 15 3.64248 16 17 18 19 20 3.97031 4.59497 5,31089 432763 5.05447 5.89509 4.71712 5.55992 6.54355 5.14166 6.11591 7.26334 5.60441 6.72750 8.06231 2.58043 2.85312 3.15176 3.47855 2.81266 3.13843 3.49845 3.39598 3.88328 4.36349 3.34173 3.79750 4.31044 4.88711 437725 4.78459 5.47357 613039 7.06733 813725 935762 10.74800 6.86604 7.98008 927646 10.76126 1246768 7.68997 9.02427 10.57517 12.37545 14.46251 861276 10.19742 1205569 1423177 16.77652 9.64629 11.52309 13.74349 16.36654 19.46076 383586 422623 465239 5.11726 5.62399 6.17593 433452 481790 5.35025 593603 658007 7.28759 12 4.89801 549241 6.15279 6.88579 7.69868 8.59936 13 553475 6.26135 707571 7.98752 900745 10.14724 14 625427 733794 8.13706 9.26552 10.53872 11.97375 15 11 12.33030 14.12902 14.42646 16.67225 16 17 16.87895 19.67325 18 19.74838 23.21444 19 23.10560 27.39303 20 21 10.80385 13.02109 22 23 24 25 7.91108 9.84973 12.23916 15.17863 187809 8.62308 103471 13.58546 17.00006 2123054 6.10881 7.40025 8.94917 1566758 18.82152 22 57448 665860 8.14027 9.93357 1210001 14.71383 1786104 21.64475 26.18640 7.25787 8.95430 11.02627 1355235 16.63663 2036158 2489146 30.37622 23.21221 28.62518 35.23642 26.46192 32.91895 27.03355 32.32378 21 3162925 38.14206 22 37.00623 45.00763 43.29729 53.10901 40.87424 5065783 6266863 25 23 24