Use the Compound Interest Formulas A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$$

Multiple Choice

Use the compound interest formulas A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$$ and A = Pert to solve.
-Find the accumulated value of an investment of $17,000 at 6.5% compounded semiannually for 6 years.

A) $23,630.00
B) $24,805.42
C) $24,953.40
D) $20,596.30