Find the accumulated amount a if the principal p 2000 is

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Find the accumulated amount A if the principal P = $2,000 is invested at the interest rate of r = 6% per year for t = 6 years, compounded annually.

A) The accumulated amount is $3,508.28.

B) The accumulated amount is $3,194.16.

C) The accumulated amount is $2,837.04.

D) The accumulated amount is $2,708.89.

Reference no: EM13392057

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