Find the Accumulated Amount a If the Principal, P =

question 116

Multiple Choice

Find the accumulated amount A if the principal, P = $ is invested at the interest rate r = %/year for t = years compounded semiannually. Round your answers to two decimal places. ​

• A) The accumulated amount is $ .
• B) The accumulated amount is $ .
• C) The accumulated amount is $ .
• D) The accumulated amount is $ .
• E) The accumulated amount is $ .

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Definitions:

Electricity

A form of energy resulting from the existence of charged particles, such as electrons or protons, either statically as an accumulation of charge or dynamically as a current.

Voltaic Cell

A device that converts chemical energy into electric energy.

Acid

A substance that donates hydrogen ions (H+) to solutions and can accept a pair of valence electrons to form a bond.

Metals

Elements that are typically hard, shiny, malleable, fusible, and conductive, often used for electrical wiring, building materials, and tools.