document.write( "Question 943076: Suppose that when you were born, your grandparents deposited $1000 into an account that they hoped would help you pay for college. The account compounds annually at a rate of 4%. \n" ); document.write( "

Algebra.Com's Answer #575092 by Fombitz(32388) $\"\"$ $\"About$

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Assuming you're 18 when you enter college.
\n" ); document.write( " $\"F=1000%281%2B4%2F100%29%5E18\"$
\n" ); document.write( " $\"F=1000%281.04%29%5E18\"$
\n" ); document.write( " $\"F=1000%282.02582%29\"$
\n" ); document.write( " $\"F=2025.82\"$
\n" ); document.write( " \n" ); document.write( "

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