If $3,100 is invested at a nominal rate of 6% compounded quarterly for 7 years,find a)the compound amount,and b)the compound interest.

Name: If $3,100 is invested at a nominal rate of 6% compounded quarterly for 7 years,find a)the compound amount,and b)the compound interest.
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The Answer of If $3,100 is invested at a nominal rate of 6% compounded quarterly for 7 years,find a)the compound amount,and b)the compound interest.

If $3,100 Is Invested at a Nominal Rate of 6