Corporate FInace Assignment/ Professional Essay Writers
May 15th, 2020
The following money market account rates were available from a particular bank. Find the compound amount and the interest earned.
$11,000 at 0.99% compounded monthly for three years
a. The compound amount is S_____.
(Do not round until the final answer. Then round to the nearest cent as needed.)
b. The interest earned is S______.
(Do not round until the final answer. Then round to the nearest cent as needed.) Get Finance Help Today
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