document.write( "Question 379766: you deposit 6800 with a money-market with annual intrest rate of 5.7%. This intrest is compounded quaterly. How much will you have after three years? \n" ); document.write( "

Algebra.Com's Answer #269646 by Fombitz(32388) $\"\"$ $\"About$

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4 quarters per year, $\"n=4%2A3=12\"$
\n" ); document.write( " $\"i=5.7%2F4=1.425\"$
\n" ); document.write( " $\"F=P%281%2Bi%29%5En\"$
\n" ); document.write( " $\"F=6800%281%2B0.01425%29%5E12\"$
\n" ); document.write( " $\"F=6800%281.185060%29\"$
\n" ); document.write( " $\"highlight%28F=8058.41%29\"$ \n" ); document.write( "

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