Compound Interest 6 Anisha invested 8 000 in an account that earns 10 interest How much money will she have in 15 years if the

Question

Compound Interest 6 Anisha invested 8 000 in an account that earns 10 interest How much money will she have in 15 years if the interest is compounded quarterly 7 A realtor took 32 500 made on the sale of a home and placed it in a new account that earns 6 compounded annually Find the total amount in the account after 5 years 8 Scott invested 1 600 into a retirement account that earns 2 4 interest compounded monthly What will the balance of the account be after 30 years 9 Kaylee used her graduation money to set up a savings account that earns 3 4 interest compounded weekly If the original amount deposited was 500 how much interest will she have earned after 10 years 10 Ryan inherited land from his grandfather He decided to sell the land for 160 000 then place the money in a new account that earns 1 2 interest compounded bimonthly How much interest will he have earned after 30 years

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