document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1097206>Question 1097206</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "R = $10,000, i = 3% interest compounded quarterly for 7 years<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #711642 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=711642\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .03/4=.0075<BR>\n" );
document.write( "10,000*(1+0.0075)^(7x4)=10,000*(1.0075)^28=$ 12327.1174757 as the future value<BR>\n" );
document.write( "&#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );