document.write( "Question 876614: Write a compound interest function to model each situation.
\n" ); document.write( "Then find the balance after the given number of years.
\n" ); document.write( "$12,000 invested at a rate of 6% compounded quarterly ; 15 years.\r
\n" ); document.write( "\n" ); document.write( "show all work please ! thank you.
\n" ); document.write( "

Algebra.Com's Answer #528904 by ewatrrr(24785)\"\" \"About 
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\n" ); document.write( "Hi, Previously Posted
\n" ); document.write( " In General
\n" ); document.write( "\"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "A = Accumulated Amount
\n" ); document.write( "P= principal = 12,000
\n" ); document.write( "r= annual rate = .06
\n" ); document.write( "n= periods per year = 4
\n" ); document.write( "t= years = 15
\n" ); document.write( "\"A%28t%29+=+12000%281.015%29%5E%2860%29\" \n" ); document.write( "
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