document.write( "Question 1038455: Lorena is investing a $5000 inheritance from her aunt in a certificate of deposit that matures in 4 years. The interest rate is 6.25% compounded quarterly. What is the balance of the account after 4 years?\r
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document.write( "$5,078.13
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document.write( "$5,319.90
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document.write( "$5,321.82
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document.write( "$6,407.73 \n" );
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Algebra.Com's Answer #653158 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "where \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Plug in your numbers and do the arithmetic.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( " |