document.write( "Question 977761: You invest $4,500 at 10% interest, compounded quarterly, for 1 year. Calculate the compound interest.
\n" );
document.write( "$________________
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #599357 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You invest $4,500 at 10% interest, compounded quarterly, for 1 year. Calculate the compound interest. \n" ); document.write( "-------- \n" ); document.write( "A(1) = 4500(1.10)^1 \n" ); document.write( "A(1) = 4950 \n" ); document.write( "$4950________________ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |