1. DETAILS TANAPCALCBR10 5.3.001. MY NOTES ASK YOUR TEACHER Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. (Round your answer to the nearest cent.) P = $3700, r = 4%, t = 10, compounded semiannually A = $ Need Help? Read It

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A: Explanation of the answer is as follows

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A: We will use the following formula Here, P = $400 r = 2.5% = 0.025 t = 10