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Timelimit: 2 hours. 1:27:57 remaining. [x] When a particular amount of money P, called the principal, is invested at the interest rate r and is

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Timelimit: 2 hours. 1:27:57 remaining. [x] When a particular amount of money P, called the principal, is invested at the interest rate r and is compounded n times a year, the amount A accumulated after t years is nt A (t ) = P ( 1 + ") Determine the amount of money accumulated after 20 years if $5, 000 is invested in an account that pays 10 % interest compounded yearly. Round to the nearest cent. Points possible: 1 License Unlimited attempts. Submit

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