document.write( "Question 990310: What amount of money is equivalent to receiving $5,000 two years from today, if interest is compounded quarterly at the rate of 2.5% per quarter? \n" ); document.write( "
Algebra.Com's Answer #610342 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
5000=P(1.025)^(2*4)
\n" ); document.write( "5000/1.2184=P
\n" ); document.write( "P=4103.74
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