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This Quiz: 4 pts possible Resume later Submit Quiz An initial investment amount P, an annual interest rate r, and a time t are given

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This Quiz: 4 pts possible Resume later Submit Quiz An initial investment amount P, an annual interest rate r, and a time t are given Find the future value of the investment when interest is compounded (a) annually, (b) monthly, (c) daily, and (d) continuously. Then find (e) the doubling time T for the given interest rate. P =$23,000, r=4.5%, t= 21 months a) The future value of the investment when interest is compounded annually is $ (Type an integer or a decimal, Round to the nearest cent as needed.) b) The future value of the investment when interest is compounded monthly is $ (Type an integer or a decimal Round to the nearest cent as needed ) c) The future value of the investment when interest is compounded daily is $ (Type an integer or a decimal, Round to the nearest cent as needed.) d) The future value of the investment when interest is compounded continuously is $ (Type an integer or a decimal. Round to the nearest cent as needed.) e) Find the doubling time for the given interest rate T = yr (Type an integer or decimal rounded to two decimal places as needed.)

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