Question 1173030
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Hi  
 In General {{{A(t) = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal = 49,000
r= annual rate = .0725
n= periods per year = 1
t= years = 12
Plug and Play
{{{A(t) = $49000(1+.0725/1)^(12)}}}
Calculate using Your Calculator to Find A(t)
A(t) the total amount to be paid back after 12 years
{{{A(t) = $49000(1.0725)^(12)}}} = $113,491.59