Mathematics, 04.04.2021 02:50 landofliam30
The formula A =P(1 + -)" describes the accumulated value, Aof a sum of money, P. the principal, after t years at annual percentage rate r (in decimal form)
compounded n times a year Complete the table for a savings account subject to n compounding periods per year.
Amount
Invested
$11,000
Number of
Compounding Periods
4
Annual Interest Accumulated
Rate
Amount
4.75%
$25,000
Timet
in Years
?
te
years
Answers: 1
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