Suppose $46,000 is invested in a bank account. The compound interest formula is given by where...

 

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Suppose $46,000 is invested in a bank account. The compound interest formula is given by where A is the accumulated amount, after an initial investment of P dollars is invested for t years, at r% interest, compounded m times per year. 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. A = P(1+2) mt If $46,000 is invested for 10 years and earns 9.5% interest, compounded annually, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded semi-annually, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded quarterly, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded monthly, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded daily, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded continuously, the accumulated amount is: A = Suppose $46,000 is invested in a bank account. The compound interest formula is given by where A is the accumulated amount, after an initial investment of P dollars is invested for t years, at r% interest, compounded m times per year. 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. A = P(1+2) mt If $46,000 is invested for 10 years and earns 9.5% interest, compounded annually, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded semi-annually, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded quarterly, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded monthly, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded daily, the accumulated amount is: A = If $46,000 is invested for 10 years and earns 9.5% interest, compounded continuously, the accumulated amount is: A =