Question: nt The formula A = P | 1+ n describes the accumulated value, A, of a sum of money, P, the principal, after t years

nt The formula A = P | 1+ n describes the

nt The formula A = P | 1+ n describes the accumulated value, A, of a sum of money, P, the principal, after t years at annual percentage rate r (in decimal form) compounded n times a year. Complete the table for a savings account subject to n compounding periods per year. Amount Number of Annual Interest Accumulated Time t Invested Compounding Periods Rate Amount in Years $12,000 4 5.25% $23,000 ? BLEID years Do not round until the final answer. Then round to one decimal place as needed.)

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