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Find the accumulated amount A , if the principal P is invested at an interest rate of r per year for t years. ( Round

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 =

130, 000, r = 8 %, t = 8,

compounded monthly

A =

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