document.write( "Question 1107892: What is amount of interest I earned on $4,000 deposited in a savings account with 4% interest compounded annually after 4 years?\r
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document.write( "Give answer in US dollars and cents, rounded to the nearest cent. Do NOT enter \"$\" sign \n" );
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Algebra.Com's Answer #722927 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=4000(1.04)^4 \n" ); document.write( "FV=4000*1.169858 \n" ); document.write( "FV=4679.43 \n" ); document.write( "4679.43-4000=679.43 \n" ); document.write( " |