You deposit $8900 in an account paying 8% interest, compounded semiannually. Calculate the compound amount after 9 years. (Round your answer to two decimal places.) $ XXXXXXXXXX XXXXXXXXXX Step 2 The...

You deposit $8900 in an account paying 8% interest, compounded semiannually. Calculate the compound amount after 9 years. (Round your answer to two decimal places.)
$18029.77

18029.77

Step 2

The compound amount is $18029.77.
Using the answer to Step 1, how muchinterest is earned? (Round your answer to two decimal places.)

Jun 03, 2022

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