Complete the table by finding the balance A when P dollars is invested at rater for t years and compounded n times per year. (Round your answers to the nearest cent.) P = $1500, r = 9.5%, t = 9 years A 1 $ $ [ 4 12 $ 365 $ Continuous $

Complete the table by finding the balance A when P dollars is invested at rater for t years and compounded n times per year. (Round your answers to the nearest cent.) P = $1500, r = 9.5%, t = 9 years A 1 $ $ [ 4 12 $ 365 $ Continuous $

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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Please answer the question and box each answer show work so it makes sense, thank you. Make sure the answer is right, please.

Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent.)
P = $1500, r =
9.5%, t = 9 years
n
A
1
2
4
12
365
Continuous
%24

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