document.write( "Question 215312: 28. Find the future value of each ordinary annuity, if payments are made and interest is compounded as given. R = 4600; 8.73% interest compounded quarterly for 9 years. \n" ); document.write( "
Algebra.Com's Answer #162738 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! r=4600(1+.0873/4)^9*4 \n" ); document.write( "r=4600(1+.021825)^36 \n" ); document.write( "r=4600*1.021825^36 \n" ); document.write( "r=4600*2.17548 \n" ); document.write( "r=$10,007.20 ans. \n" ); document.write( " |