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Find the accumulated value of an investment

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Reference no: EM131060800

Use the compound interest formulas A=P(1+ r/n)nt and A=Pert to solve the given problem. Round answers to the nearest cent.

Find the accumulated value of an investment of $25000 for 4 years at an interest rate of 7% if the money is (a) compounded annually (b) compounded quarterly (c) compounded monthly (d) compounded continuously

Reference no: EM131060800

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