The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal Rate Compounded Time $8000 8% semiannually 2 years   A. Find how much money there will be in the account after the given number of years.   B. Find the interest earned.

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A: The formula is:A=P1+r4004Twhere P=principal amountr=rate of interestT=time

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A: Recall the following fact.

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A: Given  the principal amount P=$6000Interest rate r =4.5%=4.5100=0.045Time t=4 months          t= 412…

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A: given deposit = $1000 total balance after 5 years = $1500

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A: We have to solve given quesique using Formula:

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Q: The principal represents an amount of money deposited in a savings account subject to compound…

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A: Let the annual rate of interest be r%. Then,      Interest = Prt/100     P : Principal amount    r :…

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A: P=Principle=?t=time=15 yearsr=interest rate=8%=0.08A=final amount=$2000n=number of times compounded…

Q: The principal represents an amount of money deposited in a savings account subject to compound…

A: Given Data: The principle deposited amount is: P=$6000 The rate of interest is: r=8% The time period…

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Q: savings account subject to compound interest at the given rate. Principal Rate Compounded Time…

A: