Use the formula above to determine the accumulated amount for each of the following different scenarios Round solutions to the

Question

Use the formula above to determine the accumulated amount for each of the following different scenarios Round solutions to the nearest cent Assume there are 365 days in a year If 37 000 is invested for 13 years and earns 6 5 interest compounded annually the accumulated amount is A If 37 000 is invested for 13 years and earns 6 5 interest compounded semi annually the accumulated amount is A If 37 000 is invested for 13 years and earns 6 5 interest compounded quarterly the accumulated amount is A If 37 000 is invested for 13 years and earns 6 5 interest compounded monthly the accumulated amount is A If 37 000 is invested for 13 years and earns 6 5 interest compounded daily the accumulated amount is A If 537 000 is invested for 13 years and earns 6 5 interest compounded continuously the accumulated

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