document.write( "Question 1059598: You deposit $5,900 in an account earning 7.5% interest compounded quarterly. How much will you have in the account after 5 years?
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document.write( "Use n=12 for monthly compounding,n=4 for quarterly compounding, n=2 for semiannual compounding, and n=1 for annual compounding.) \n" );
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Algebra.Com's Answer #674637 by addingup(3677) You can put this solution on YOUR website! 5900(1+0.075/4)^(4*5) = 8,554.69 \n" ); document.write( " |