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Find the amount accumulated after
investing a principal P for t years at an
interest rate compounded annually.
P = $15,500
r = 9.5%
t = 12
Hint: A = P (1 + ) kt
A = $[?]
Round your answer to the nearest cent (hundredth).

Find the amount accumulated after investing a principal P for t years at an interest rate compounded annually P 15500 r 95 t 12 Hint A P 1 kt A Round your answe class=

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