A = (1 + 0.035/1)1(20) = the first blank
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William G.
asked 07/06/19Complete the table to determine the balance A for P dollars invested at rate r for t years, compounded n times per year. (Round your answers to two decimal places.)
P = $2500, r = 3.5%, t = 20 years
| n | A | |
| 1 | $ | |
| 2 | $ | |
| 4 | $ | |
| 12 | $ | |
| 365 | $ | |
| Continuous Compounding | $ |
A = (1 + 0.035/1)1(20) = the first blank
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