# Question: 1 calculate the compound amount use the compound amount formula...

###### Question details

1. Calculate the compound amount. Use the compound amount formula and a calculator. (Round your answer to two decimal places.) P = $900, r = 5% compounded quarterly, t = 9 years 2.Calculate the future value. (Round your answer to two decimal places.) P = $4800, r = 8% compounded semiannually, t = 10 years