X hohem . HO 1 pts Question 9 The principal represents an amount of money...
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Accounting
X hohem . HO 1 pts Question 9 The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. P= A = Pert 1 Principal: $8500 Rate: 7% Compounded: quarterly Time: 3 years amount in account: $12,756.21; interest earned: $4256.21 amount in account: $8954.10; interest earned: 8454.10 amount in account: $19,143.63; interest earned: $10,643.63 amount in account: $10,467.23; interest earned: $1967.23 Question 10 1 pts
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