document.write( "Question 40123: If I invest 11000 dollars for 5 years at 11% compounded quarterly, how much would i have? \n" ); document.write( "
Algebra.Com's Answer #25562 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! P(a) = a(1 + r/n)^(tn) \n" ); document.write( "P(a) = 11000(1 + .11/4)^20 \n" ); document.write( "P(a) = 11000(1.0275)^20 \n" ); document.write( "P(a) = 18924.71 \n" ); document.write( " |