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Find the accumulated amount A if the principal P is invested at the interest rate of r /year for t years. (Use a 365-day year.
Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round your answer to the nearest cent.)
P = $40,000, r = 9 3/4% t = 3, compounded quarterly
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