Find the accumulated amount A if the principal P is invested at the interest rate of r
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Question:
Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round your answer to the nearest cent.)
P = $230,000, r = 4.5% t = 2, compounded daily
Related Book For
An Introduction to Measure Theoretic Probability
ISBN: 978-0128000427
2nd edition
Authors: George G. Roussas
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