document.write( "Question 1032548: A couple invests $2,000 in a CD that earns 2.25% compounded quarterly. How much will they have in 3 years? \n" ); document.write( "
Algebra.Com's Answer #647254 by Boreal(15235)\"\" \"About 
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P=2000(1+(.0225)/4))^12; divide interest rate by 4, and there will be 12 compoundings.
\n" ); document.write( "$2139.26, rounding at the end.
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