Mathematics, 20.10.2021 14:40 shreyasvrangan
Find the accumulated value of an investment of $20,000 for 7 years at an interest rate of 5.5% if the money is:
a. compounded semiannually
b. compounded quarterly
c. compounded monthly
d. compounded continuously.
---Round answers to nearest cent
Answers: 2
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Find the accumulated value of an investment of $20,000 for 7 years at an interest rate of 5.5% if th...
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