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HW ( Exponential Functions ) Question 8 , 4 . 1 . 5 3 Part 1 of 4 HW Scora: 7 6 . 1 1

HW (Exponential Functions)
Question 8,4.1.53
Part 1 of 4
HW Scora: 76.11%,6.85 of 9 points
Pointar 0.25 of 1
Use the compound interest formulas A=(1tn)nt and A=Peth to solve the problem given. Round answers to the nearest cert.
Find the acoumblated value of an irvestment of $15,000 for 4 years at an interest rate of 5.5% ithe money is a. compounded semiannualy; b. compounded quartety, 6. compounded montiy, d. compounded continuously.
a. What is the acoumulated value if the money is compounded semianeualy?
(Round your answer to the nearest cent. Do not include the $ symbol in your answer.)
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HW ( Exponential Functions ) Question 8 , 4 . 1 .

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