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Use the compound interest formulas A = P nt and A Pet to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $10,000 for 6 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly, compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? CED (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) b.What is the accumulated value if the money is compounded quarterly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) c. What is the accumulated value if the money is compounded monthly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) d. What is the accumulated value if the money is compounded continuously?

Use the compound interest formulas A = P nt and A Pet to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $10,000 for 6 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly, compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? CED (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) b.What is the accumulated value if the money is compounded quarterly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) c. What is the accumulated value if the money is compounded monthly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) d. What is the accumulated value if the money is compounded continuously?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 18PFA
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R F Use the compound interest formulas A=P Find the accumulated value of an investment of $10,000 for 6 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly, d. compounded continuously. F5 V a. What is the accumulated value if the money is compounded semiannually? $ (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) b.What is the accumulated value if the money is compounded quarterly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) c. What is the accumulated value if the money is compounded monthly? ► 11 S (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) d. What is the accumulated value if the money is compounded continuously? O S (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) % 5 F6 T G B A 6 F7 Y H nt F8 & 7 N and A Pe to solve the problem given. Round answers to the nearest cent. 6 U J F9 * 00 M DELL 0 1 K F10 KOD ( 9 O F11 L :) O > F12 P O PrtScr Insert o + 11 BI B ? 86°F Sunny Delete Backspace PgUp Enter Num Lock Shift 7 Next PgDn 4 1 1 7:0 8/8 S
Transcribed Image Text:R F Use the compound interest formulas A=P Find the accumulated value of an investment of $10,000 for 6 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly, d. compounded continuously. F5 V a. What is the accumulated value if the money is compounded semiannually? $ (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) b.What is the accumulated value if the money is compounded quarterly? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) c. What is the accumulated value if the money is compounded monthly? ► 11 S (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) d. What is the accumulated value if the money is compounded continuously? O S (Round your answer to the nearest cent. Do not include the $ symbol in your answer.) % 5 F6 T G B A 6 F7 Y H nt F8 & 7 N and A Pe to solve the problem given. Round answers to the nearest cent. 6 U J F9 * 00 M DELL 0 1 K F10 KOD ( 9 O F11 L :) O > F12 P O PrtScr Insert o + 11 BI B ? 86°F Sunny Delete Backspace PgUp Enter Num Lock Shift 7 Next PgDn 4 1 1 7:0 8/8 S
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