document.write( "Question 706518: I have done this work before and I had no problem but now I have a fraction so I am lost.\r
\n" ); document.write( "\n" ); document.write( "P(1+r/2)^2\r
\n" ); document.write( "\n" ); document.write( "P =5670
\n" ); document.write( "R=3.5\r
\n" ); document.write( "\n" ); document.write( "I know how to do this but the fraction is what throwing me off.
\n" ); document.write( "Help please and thank you.\r
\n" ); document.write( "\n" ); document.write( "
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Algebra.Com's Answer #435231 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
P(1+(r/2))^2
\n" ); document.write( "P =5670
\n" ); document.write( "R=3.5
\n" ); document.write( "-----
\n" ); document.write( "Note: Is rate = 3.5 or 3.5% ?
\n" ); document.write( "I'll assume it is 3.5%
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\n" ); document.write( "= 5670(1+(0.035)/2))^2
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\n" ); document.write( "= 5670(1.0175)^2
\n" ); document.write( "---
\n" ); document.write( "= 5670(1.0353)
\n" ); document.write( "---
\n" ); document.write( "= $5870.19
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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