Use the compound interest formulas A=P(1+ n
r
) nt
and A=Pe it to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiarnually, b. compounded quarterty; c. compounded monthly; d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually?
