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Find the Accumulated Amount a If the Principal P Is

Question 60

Multiple Choice

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 = $150,000, r = 7%, t = 3, compounded daily
​


A) A = $185,051.71
B) A = $183,756.45
C) A = $184,938.84
D) A = $185,047.98

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