The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal: $5500 Rate: 3.5% Compounded: Monthly Time: 3 years A. Find how much

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.

Principal: $5500
Rate: 3.5%
Compounded: Monthly
Time: 3 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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The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal: $5500 Rate: 3.5% Compounded: Monthly Time: …

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