document.write( "Question 138379: At the time of her grandsons birth, a grandmother deposits 4000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other withdrawls or deposits were made during this period?
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document.write( "thanks u \n" );
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Algebra.Com's Answer #101036 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! 4000(1+.065/12)^21*12 \n" ); document.write( "4000(1+0054)^252 \n" ); document.write( "4000(1.0054)^252 \n" ); document.write( "4000*3.9 \n" ); document.write( "$15,605 answer.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |