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Use the formula above to determine the accumulated amount for each of the following different scenarios. Round solutions to the nearest cent. Assume there
Use the formula above to determine the accumulated amount for each of the following different scenarios. Round solutions to the nearest cent. Assume there are 365 days in a year. If $43,000 is invested for 27 years and earns 12.5% interest, compounded annually, the accumulated amount is: A = If $43,000 is invested for 27 years and earns 12.5% interest, compounded semi-annually, the accumulated amount is: A= If $43,000 is invested for 27 years and earns 12.5% interest, compounded quarterly, the accumulated amount is: A= If $43,000 is invested for 27 years and earns 12.5% interest, compounded monthly, the accumulated amount is: A= If $43,000 is invested for 27 years and earns 12.5% interest, compounded daily, the accumulated amount is:
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