document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=731223>Question 731223</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that $2000 is invested at a rate of 2.8% , compounded quarterly. Assuming that no withdrawals are made, find the total amount after 9 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #447074 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=447074\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=2000(1+0.028/4)^4*9<BR>\n" );
document.write( "Fv=2000(1.0007)^36<BR>\n" );
document.write( "FV=2000*1.0255<BR>\n" );
document.write( "FV=$2051 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );