Find the accumulated value of an investment of $ 20 comma 000 for 4 years at an interest rate of 6.5 % if the money is a. compou

Question

3 years ago

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Find the accumulated value of an investment of $ 20 comma 000 for 4 years at an interest rate of 6.5 % if the money is a. compou

nded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Round answers to the nearest cent.
a. What is the accumulated value if the money is compounded semiannually?
$
nothing (Round your answer to the nearest cent.)

Mathematics

1 answer:

MA_775_DIABLO [31] · Answer 1 · 2022-03-03T17:16:51+03:00

MA_775_DIABLO [31]3 years ago

7 0

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