document.write( "Question 287858: Frankie invested $12500in a CD that paid 3.8% compounded annually for 5 years. What was the value of his investment at the end of the fifth year? \n" ); document.write( "
Algebra.Com's Answer #208601 by checkley77(12844) ![]() You can put this solution on YOUR website! 12,500(1+.038)^5 \n" ); document.write( "12,500(1.038)^5 \n" ); document.write( "12,500*1.205=$15,062.49 ans. \n" ); document.write( " |