document.write( "Question 438949: Suppose you invest $2500 at an annual rate of 7.00% compounded quarterly. How much money would you have 9 years later? \n" ); document.write( "

Algebra.Com's Answer #303418 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi
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document.write( "Suppose you invest $2500 at an annual rate of 7.00% compounded quarterly.  
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document.write( "How much money would you have 9 years later?
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document.write( "  A= p(1+r/n) ^nt 
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document.write( "  A= $2500(1+.07/4) ^36 
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document.write( "  A= $2500(1.0175) ^36 = $4668.52 \n" );
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