Question: nt Use the compound interest formulas A = P and A = Pet to solve the problem given. Round answers to the nearest cent.

nt Use the compound interest formulas A = P and A =

nt Use the compound interest formulas A = P and A = Pet to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the money is a. compounded semiannually; b. compounded quarterly, c. compounded monthly, d. compounded continuously. S a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol in your answer.)

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