Question:
Find the compound amount and the amount of interest earned
Last updated: 7/18/2022
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Find the compound amount and the amount of interest earned by the deposit below. $8,000 at 6.56% compounded continuously for 4 years. What is the compound amount? $ (Do not round until the final answer. Then round to the nearest cent.) What is the interest earned? (Do not round until the final answer. Then round to the nearest cent.) ****