Question: rt Use the compound interest formulas, A = P 1 + and A = Pe, to solve the following problem. Find the accumulated value of

 rt Use the compound interest formulas, A = P 1 +

rt Use the compound interest formulas, A = P 1 + and A = Pe", to solve the following problem. Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded monthly; c. compounded continuously. a. What is the accumulated value, if the money is compounded semiannually? $1 (Round your answer to the nearest cent.)

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