Use the compound-interest formula to find the account balance A with the given conditions, where P...
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Use the compound-interest formula to find the account balance A with the given conditions, where P = principal, r = interest rate, n = number of compounding periods per year, t = time, in years, and A = account balance. P $130,000 r 1.5 Compounded Annually n t 6 A A≈ $ (Simplify your answer. Do not round until the final answer. Then round to two decimal places as needed.) Use the compound-interest formula to find the account balance A with the given conditions, where P = principal, r = interest rate, n = number of compounding periods per year, t = time, in years, and A = account balance. P $130,000 r 1.5 Compounded Annually n t 6 A A≈ $ (Simplify your answer. Do not round until the final answer. Then round to two decimal places as needed.)
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Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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