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Calculating Compound Interest Practice Answers
1. Final amount = $5,661.36
2. Final amount = $2,725.68
3. Final amount = $11,066.88
4. Final amount = $14,469.11
5. Final amount = $1,220.68
6. Final amount = $30,768.35
7. Final amount = $19,171.51
8. Final amount = $17,149.12
9. Final amount = $34,804.90
10. Final amount = $3,949.54
11. Final amount = $16,018.11
12. Final amount = $10,163.76
13. Final amount = $8,703.55
14. Final amount = $2,416.33
15. Final amount = $22,187.10
16. Final amount = $5,023.05
17. Final amount = $19,239.55
18. Final amount = $16,931.90
19. Final amount = $3,352.94
20. Final amount = $39,063.19
Note: The answers are rounded to the nearest hundredth. The exact amount may differ slightly depending on the method used for rounding.
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