document.write( "Question 1035513: In order to help pay for college, the grandparents of a child invest $2,100 in a bond that pays 5% interest compounded quarterly. How much money will there be in 6 years? \n" ); document.write( "

Algebra.Com's Answer #650179 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( " $\"+P+=+2100+\"$
\n" ); document.write( " $\"+r+=+.05+\"$
\n" ); document.write( " $\"+n+=+4+\"$
\n" ); document.write( " $\"+t+=+6+\"$
\n" ); document.write( "----------------
\n" ); document.write( " $\"+A+=+2100%2A%28+1+%2B+.05%2F4+%29%5E%28+4%2A6+%29+\"$
\n" ); document.write( " $\"+A+=+2100%2A1.0125%5E24+\"$
\n" ); document.write( " $\"+A+=+2100%2A1.34735+\"$
\n" ); document.write( " $\"+A+=+2829.44+\"$
\n" ); document.write( "-----------------
\n" ); document.write( "In 6 years there will be $2,829.44 \n" ); document.write( "

\n" );