document.write( "Question 732385: $11,000 is invested for 9 years with an APR of 4% and quarterly compounding, what is the balance after 9 years? \n" ); document.write( "
Algebra.Com's Answer #447829 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=11000(1+0.04/4)^4*9 \n" ); document.write( "FV=11000(1.01)^36 \n" ); document.write( "FV=11000*1.43 \n" ); document.write( "FV=$15,730 \n" ); document.write( " |