document.write( "Question 436799: p=14,000, m = 14, r = 6% compounded annually \n" ); document.write( "

Algebra.Com's Answer #302150 by mananth(16949) $\"\"$ $\"About$

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Principal P = 14000
\n" ); document.write( "Amount= A
\n" ); document.write( "years=n 14
\n" ); document.write( "compounded 1 times a year
\n" ); document.write( "Rate = 6.00 0.06
\n" ); document.write( "Amount =P*((n+r)/n)^n
\n" ); document.write( "
\n" ); document.write( "Amount =14000*(1+0.06)^14*1
\n" ); document.write( "Amount =14000*(1+0.06)^14
\n" ); document.write( " 14000*(1.06)^14
\n" ); document.write( "Amount =31652.66
\n" ); document.write( " \n" ); document.write( "

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