document.write( "Question 172543: Find the balance A for P dollars invested at rate r for t years, compunded quarterly\r
\n" ); document.write( "\n" ); document.write( "P=$1000
\n" ); document.write( "r=5%
\n" ); document.write( "t=20 years
\n" ); document.write( "

Algebra.Com's Answer #127416 by jojo14344(1513)\"\" \"About 
You can put this solution on YOUR website!
It follows ---->\"A=P%281%2B%28r%2Fm%29%29%5E%28mt%29\"
\n" ); document.write( "*note:\"m=CompoundedPerYear\"
\n" ); document.write( "Then,
\n" ); document.write( "\"A=1000%281%2B%280.05%2F4%29%29%5E%2820%2A4%29\"
\n" ); document.write( "\"A=1000%281.0125%29%5E80\"
\n" ); document.write( "\"A=1000%282.7015%29\"
\n" ); document.write( "\"highlight%28A=2701.5%29\", Answer
\n" ); document.write( "Thank you,
\n" ); document.write( "Jojo
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