SuBzErO24
22.02.2021 •
Mathematics
Use the compound interest formulas A=P(1+r/n) ^nt and A=Pe^rt to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $20,000 for 3 years at an interest rate of 6% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously.
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