Use the compound interest formulas Upper A equals Upper P left parenthesis 1 plus StartFraction r Over n EndFraction right parenthesis Superscript ntA=P1+
r
nnt and Upper A equals Upper P e Superscript rtA=Pert to solve the problem given. Round answers to the nearest cent.
Find the accumulated value of an investment of $ 10 comma 000$10,000 for 66 years at an interest rate of 4 %4% if the money is a. compounded semiannually;
