Use the compound interest formulas A = P (1+ r/n)^nt and A =Pe^rt to solve exercises 53-56. Round answers to the nearest cent.
Find the accumulated value of an investment of $10,000 for 5 years at an interest rate
of 1.32% if the money is
a. compounded semiannually;
b. compounded quarterly;
c. compounded monthly;
d. compounded continuously.
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