The formula (A=P1+rn)nt describes the accumulatedvalue, A, of a sum ofmoney, P, theprincipal, after t years at annual percentage rate r(in decimalform) compounded n times a year. Complete the table for a savings account subject to n compounding periods per year.

Amount

Invested

$14,500

number of compounding periods

2

annual interest rate

6.25%

Accumulated

Amount

$20,000

Time t

in Years

?

t years