Use the compound interest formulas A = P(1+ (r/n))^nt and A = Pe^rt to solve.

Find the accumulated value of an investment of $13,000 at 5% compounded semiannually for 12 years.

Use the compound interest formulas $A = P (1 + (r / n))^{?} n t$ and $A$ $= Pe^{?} rt$ to solve. Find the accumulated value of an investment of $$13, 000$ at $5%$ compounded semiannually for 12 years.

Question

Use the compound interest formulas A = P(1+ (r/n))^nt and A = Pe^rt to solve.

Find the accumulated value of an investment of $13,000 at 5% compounded semiannually for 12 years.

Use the compound interest formulas

A = P (1 + (r / n))^{?} n t

and

A

= Pe^{?} rt

to solve. Find the accumulated value of an investment of

$13, 000

at

5%

compounded semiannually for 12 years.

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