Use the compound interest formulas Upper A equals Upper P (1 plus StartFraction n Over n EndFraction )Superscript nt and Upper A equals Pe Superscript rt to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $ 10 comma 000 for 5 years at an interest rate of 5.5 % if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously.

(a)

(b)  

(c)

Step-by-step explanation:

Formula of compound interest:

Compound continuously

A= Amount after t years

P= Principal

r= rate of interest

a)

P=10,000, r=5.5%= 0.055  and t= 5 years, n=2 [ compounded semiannually]

(b)

P=10,000, r=5.5%= 0.055  and t= 5 years, n=12 [ compounded monthly]

(C)

P=10,000, r=5.5%= 0.055  and t= 5 years

the workers who do no drive has no reasonable reason to buy gasoline due to they don't have anything to use it for