If $500 is invested at 9% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount after 6 years? How much interest is earned? (A) If it is compounded annually, what is the amount? $ ☐ (Round to the nearest cent.) mple Get more help -

Applications Saving for college In 20 years, a father wants to accumulate 40,000 to pay for his daughters college expenses. If he can get 6% interest, compounded quarterly, how much must he invest now to achieve his goal?

Rachael deposits $3,600 into a retirement fund each year. The fund earns 7.5% annual interest, compounded monthly. If she opened her account when she was 20 years old, how much will she have by the time she’s 55? How much of that amount was interest earned?