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?
\n" ); document.write( "thanks u
\n" ); document.write( "

Algebra.Com's Answer #101036 by checkley77(12844)\"\" \"About 
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( "
\n" );