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  • 16-04-2024
  • Mathematics
contestada

Use the compound interest formulas A = P
nearest cent.
A=P(+)
nt
and A= Pe" to solve the problem given. Round answers to the
Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 7% if the money is a.
compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously.

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