document.write( "Question 201894: Please Help:
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document.write( "Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.\r
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document.write( "$7100 at 5% compounded quarterly for 10 yr
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document.write( " A) $2780.27
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document.write( " B) $11,669.70
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document.write( " C) $4319.73
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document.write( " D) $4358.78
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Algebra.Com's Answer #152188 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! P=A/(1+r/n)^nt \n" ); document.write( "P=7100/(1+.05/4)^40 \n" ); document.write( "P=7100/(1.0125)^40 \n" ); document.write( "P=7100/1.643619463 \n" ); document.write( "P=4319.73 (C) \n" ); document.write( " \n" ); document.write( " |