Use the appropriate compound interest formula to compute the balarice in the account after the stated period of time $4,000 is invested for 11 years with an APR of 3.88% and monthly compounding. The balance in the account after 11 years is $ (Round to the nearest cent as needed.)

Find how much money will be in thhe account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Principal: $9500 Rate: 4.5% Compounded: monthly Time: 4 years amount in account: $9936.43; interest earned: $436.43 amount in account: $9643.30; interest earned: $143.30 amount in account: $11,369.74; interest earned: $1869.74 amount in account: $13,206.04; interest earned: $1828.93

At the age of 25 to save for retirement, you decide to deposit $50 at the end of each month in an IRA that pays 6.5% compounded monthly. a.use the following formula to determine how much you will have in the IRA when you retire at age 65. b. Find the interest

Margaret Hillman invested $8,000 at 1.4% compounded quarterly for one year. Find the future value and the interest earned for the year. The future value is S (Round to the nearest cent as needed.) The compound interest is $. (Round to the nearest cent as needed.)