document.write( "Question 697606: A=8000(1+.06/4)^4^7 how do i solve this iv never dealt with double exponents on the same thing
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Algebra.Com's Answer #430153 by Edwin McCravy(20060)\"\" \"About 
You can put this solution on YOUR website!
That's not supposed to be double exponents. Double \r\n" );
document.write( "exponents must have a right parenthesis between \r\n" );
document.write( "them. It should be\r\n" );
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document.write( "A=8000(1+.06/4)^(4*7) \r\n" );
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document.write( "You problem is obviously a case of the compound\r\n" );
document.write( "interest formula:\r\n" );
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document.write( "\"A\"\"%22%22=%22%22\"\"P%281%2Br%2Fn%29%5E%28n%2At%29\"\r\n" );
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document.write( "\"A\"\"%22%22=%22%22\"\"8000%281%2B.06%2F4%29%5E%284%2A7%29\"\r\n" );
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document.write( "which is the formula for this problem:\r\n" );
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document.write( "If $8000 is invested at 6% compounded quarterly,\r\n" );
document.write( "what will be the amount after 7 years?\r\n" );
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document.write( "Answer: $12137.78.\r\n" );
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document.write( "Edwin

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