3. [0/0.45 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.003. Find the accumulated amount A, if the principal P is invested at an interest rate of / per year for t years. (Round P = $110,000, r = 3%, t = 5, compounded monthly A = $ 127,917.80 X Need Help? Read It Watch It Submit Answer 4. [0/0.45 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.005. Find the effective rate corresponding to the given nominal rate. (Round your answers to three decimal places.) (a) 8%/year compounded semiannually 8.2 * % (b) 7%/year compounded quarterly 7.2 * % Need Help? Read It Watch It