document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1056182>Question 1056182</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If $1400 is invested at an interest rate of 2.75% per year, compounded quarterly, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)<BR>\n" );
document.write( "(a) 1 year<BR>\n" );
document.write( "(b) 2 years<BR>\n" );
document.write( "(c) 12 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #671373 by </B><A HREF=/tutors/aboutme.mpl?userid=ewatrrr><B>ewatrrr(24785)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ewatrrr><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ewatrrr><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=671373\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  In General <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = Accumulated Amount<BR>\n" );
document.write( "P= principal = 1400<BR>\n" );
document.write( "r= annual rate = .0275<BR>\n" );
document.write( "n= periods per year = 4<BR>\n" );
document.write( "t= years =<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%28t%29+=1500%281%2B.0275%2F4%29%5E%284t%29 ALIGN=MIDDLE  ALT=\"A%28t%29+=1500%281%2B.0275%2F4%29%5E%284t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "(a) 1 year  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%28t%29+=1500%281.006875%29%5E%284%29 ALIGN=MIDDLE  ALT=\"A%28t%29+=1500%281.006875%29%5E%284%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "(b) 2 years <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%28t%29+=1500%281.006875%29%5E%288%29 ALIGN=MIDDLE  ALT=\"A%28t%29+=1500%281.006875%29%5E%288%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "(c) 12 years  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%28t%29+=1500%281.006875%29%5E%2848%29 ALIGN=MIDDLE  ALT=\"A%28t%29+=1500%281.006875%29%5E%2848%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );