document.write( "Question 987593: Find how much interest $25,000 earns in 4 years in a certificate of deposit paying 4.5% interest compounded quarterly. \n" ); document.write( "

Algebra.Com's Answer #608403 by solver91311(24713) $\"\"$ $\"About$

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\n" ); document.write( "\n" ); document.write( "The future value,

, of an investment of

, at a rate of

expressed as a decimal, compounded

times per year for

years is given by:\r
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\n" ); document.write( "\n" ); document.write( "The amount of interest earned is then\r
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\n" ); document.write( "\n" ); document.write( "Just plug in your numbers and do the arithmetic.\r
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\n" ); document.write( "\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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