Consider A 1 000 Deposit Earning 7 Percent Interest Per Year For Six Years What

Consider a $1,000 deposit earning 7 percent interest per year for six years.

What is the future value? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  Future value? ______$

How much total interest is earned on the original deposit? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  Total interest earned? ____$     

How much is interest earned on interest? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  Interest earned on interest? ______$  

 
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