Question: Use the compound interest formula AequalsPleft parenthesis 1 plus StartFraction r Over n EndFraction right parenthesis Superscript nt to solve. Round to two decimal places.
Use the compound interest formula AequalsPleft parenthesis 1 plus StartFraction r Over n EndFraction right parenthesis Superscript nt to solve. Round to two decimal places. Find the accumulated value of an investment of $14 comma 000 at 4% compounded annually for 16 years. Question content area bottom Part 1 A. $25 comma 213.21 B. $22 comma 960.00 C. $26 comma 221.73 D. $22 comma 400.00
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