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What is the maturity value of a 6 -year term deposit of $8811.17 at 5.6% compounded semi-annually? How much interest did the deposit earn? The
What is the maturity value of a 6 -year term deposit of $8811.17 at 5.6% compounded semi-annually? How much interest did the deposit earn? The maturity value of the term deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest earned is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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