document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=41083>Question 41083</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if i invest $2028 for 12 years at 7% compounded quarterly, how much will I have? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #26544 by </B><A HREF=/tutors/aboutme.mpl?userid=venugopalramana><B>venugopalramana(3286)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=venugopalramana><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.geocities.com/venugopalramana/FREE_MATHS_ASSISTANCE.html valign=middle><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=26544\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> if i invest $2028 for 12 years at 7% compounded quarterly, how much will I have?<BR>\n" );
document.write( "A=P(1+R/T)^NT<BR>\n" );
document.write( "P=2028<BR>\n" );
document.write( "R=7%=0.07<BR>\n" );
document.write( "T=4 QURTERS PER YEAR<BR>\n" );
document.write( "N=12 YEARS<BR>\n" );
document.write( "A=2028(1+0.07/4)^12*4=4663.60 </SPAN>\n" );
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