# Calculate the amount of simple interest earned. \$1,000 at 8% for 3 years A \$2,400 B... Calculate the amount of simple interest earned. \$1,000 at 8% for 3 years A \$2,400 B \$4,800 C) \$240 D) \$3,000 E \$80 ##### Add Answer of: Calculate the amount of simple interest earned. \$1,000 at 8% for 3 years A \$2,400 B...
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• ### Find the compound amount for the deposit and the amount of interest earned. \$240 at 5.8%... Find the compound amount for the deposit and the amount of interest earned. \$240 at 5.8% compounded semiannually for 11 years The compound amount after 11 years is \$ . (Do not round until the final answer. Then round to the nearest cent as needed.) The amount of interest earned is \$7. (Do not round until the final answer. Then round to the nearest cent as needed.)

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