Find the Accumulated Amount a If the Principal P Is

question 162

Short Answer

Find the accumulated amount A if the principal P is invested at an interest rate of r per year for t years. Round your answer to the nearest cent.
P = $2,600, r = 6%, t = 10, compounded semiannually
$__________

---

Definitions:

Dominance

In genetics, the phenomenon where one variant of a gene (allele) masks or overrides the expression of a different allele at the same locus.

Recessive Allele

An allele that produces its characteristic phenotype only when its paired allele is identical.

Heterozygous

A genetic condition where an individual has two different alleles at a specific locus on a chromosome, resulting in a mixture of genetic information for a particular trait.