document.write( "Question 958189: john invested $2,975 at 4% interest compounded annually. what will be the balance after 2.5 years. \n" ); document.write( "
Algebra.Com's Answer #585551 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"
\n" ); document.write( "\"+A+=+2975%2A%28+1+%2B+.04%2F1+%29%5E%28+1%2A2.5+%29+\"
\n" ); document.write( "\"+A+=+2975%2A1.04%5E2.5+\"
\n" ); document.write( "\"+A+=+2975%2A1.10302+\"
\n" ); document.write( "\"+A+=+3281.48+\"
\n" ); document.write( "-------------------
\n" ); document.write( "The balance will be $3,281.48
\n" ); document.write( "
\n" ); document.write( "
\n" );