document.write( "Question 295481: An investment broker deposits $2000 into an account that earns 4.4% annual interest compounded twice a year. What is the value of the investment after 4 years? \n" ); document.write( "
Algebra.Com's Answer #212984 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! a=2000(1+.044/2)^4*2 \n" ); document.write( "a=2000(1.022)^8 \n" ); document.write( "a=2000*1.19 \n" ); document.write( "a=$2380.33 \n" ); document.write( " |