Use the compound interest formulas A =P 1+ and A = Pert to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 6 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly, c. compounded monthly d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? $ (Round your answer to the nearest cent.) b.What is the accumulated value if the money is compounded quarterly? $ (Round your answer to the nearest cent.) c. What is the accumulated value if the money is compounded monthly? $ (Round your answer to the nearest cent.) d. What is the accumulated value if the money is compounded continuously? $ (Round your answer to the nearest cent.)
