document.write( "Question 252208: If you invest $500 in an account that earns 3.6% interest, compute the value of your investment after one year compounding quarterly. \n" ); document.write( "
Algebra.Com's Answer #184007 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! 500(1+.036/4)^1*4 \n" ); document.write( "500(1+.009)^4 \n" ); document.write( "500*1.009^4 \n" ); document.write( "500*1.0365=$518.24 amount of investment after one year. \n" ); document.write( " |