document.write( "Question 1129003: Suppose Karen has $1000 that she invests in an account that pays 3.5% interest compounded quarterly. How much money does Karen have at the end of 5 years? \n" ); document.write( "

Algebra.Com's Answer #745547 by josmiceli(19441) $\"\"$ $\"About$

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$\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"$
\n" ); document.write( " $\"+P+=+1000+\"$
\n" ); document.write( " $\"+r+=+.035+\"$
\n" ); document.write( " $\"+n+=+4+\"$
\n" ); document.write( " $\"+t+=+5+\"$
\n" ); document.write( " $\"+A+=+1000%2A%28+1+%2B+.035%2F4+%29%5E%28+4%2A5+%29+\"$
\n" ); document.write( " $\"+A+=+1000%2A1.00875%5E20+\"$
\n" ); document.write( " $\"+A+=+1000%2A1.190339+\"$
\n" ); document.write( " $\"+A+=+1190.34+\"$
\n" ); document.write( "She will have $1,190.34
\n" ); document.write( "-----------------------------
\n" ); document.write( "check:
\n" ); document.write( " $\"+1190.34%2F1000+=+1.00875%5E20+\"$
\n" ); document.write( " $\"+1.1903+=+1.1903+\"$
\n" ); document.write( "OK \n" ); document.write( "

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