document.write( "Question 954433: 11000 at 8% compounded by quarterly for 3/4 year \n" ); document.write( "
Algebra.Com's Answer #582906 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Here's a similar problem. \n" ); document.write( "======================== \n" ); document.write( "1430 at 8% compounded by quarterly for 5 years \n" ); document.write( " ----------- \n" ); document.write( " 5 yrs = 20 quarters \n" ); document.write( " 8%/yr = 2% per quarter \n" ); document.write( " ----- \n" ); document.write( " --> 1430*(1.02)^20 \n" ); document.write( " |