document.write( "Question 918694: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
\n" ); document.write( "A. Find how much money there will be in the account after the given number of years.
\n" ); document.write( "B. Find the interest earned.
\n" ); document.write( "Principal= $7000
\n" ); document.write( "Rate= 4%
\n" ); document.write( "Compounded= Semiannually
\n" ); document.write( "Time= 3 years
\n" ); document.write( "

Algebra.Com's Answer #557197 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!
\"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "\"A%28t%29+=+7000%281%2B.04%2F2%29%5E%282%2A3%29\"
\n" ); document.write( "\"A%28t%29+=+7000%281.02%29%5E%286%29\" = $7883.14
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