document.write( "Question 205767: Please show your work:\r
\n" );
document.write( "\n" );
document.write( "$2,350 is invested in account paying 9% compounded semiannually. How much will the account be worth after 8 years? Show your work.\r
\n" );
document.write( "\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #155384 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=P(1+r/n)^nt \n" ); document.write( "A=2350(1+.045)^16 \n" ); document.write( "A=2350(2.02237) \n" ); document.write( "A=$4752.57 \n" ); document.write( "n=number of compunding periods per year \n" ); document.write( "t=number of years \n" ); document.write( "r=interest rate \n" ); document.write( " |