Question: ot Use the compound interest formula, A (t) = P(l + ) n An account is opened with an intial deposit of $8,500 and earns

o\\t Use the compound interest formula, A (t) = P(l + ) n An account is opened with an intial deposit of $8,500 and earns 3.2% interest compounded semi- annually. Round all answers to the nearest dollar. a. What will the account be worth in 20 years? $ b. What if the interest were compounding monthly? $ c. What if the interest were compounded daily (assume 365 days in a year)? $

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