Find the accumulated value of an investment of 20, 000 for 4 years at an interest rate of 4% the money is a.compounded semiannually b. compounded quarterly c. compounded monthly

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 10.32TI: Allan invested $10,000 in a mutual fund. If the interest rate is 5%, how much will be in the account...
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Find the accumulated value of an investment of 20, 000 for 4 years at an interest rate of 4% the money is a.compounded semiannually b. compounded quarterly c. compounded monthly d. compounded continuously 

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