document.write( "Question 867182: Determine the amount of an investment of $2500 if it is invested at in interest rate of 5.25% compounded monthly for 4 years? \n" ); document.write( "
Algebra.Com's Answer #522832 by ewatrrr(24785)\"\" \"About 
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\n" ); document.write( "Hi
\n" ); document.write( " In General \"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "A = Accumulated Amount
\n" ); document.write( "P= principal =
\n" ); document.write( "r= annual rate = .0525
\n" ); document.write( "n= periods per year = 12
\n" ); document.write( "t= years = 4
\n" ); document.write( "\"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "\"A%284%29=+2500%281.4375%29%5E%2848%29\" \n" ); document.write( "
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