document.write( "Question 1140858: Tessa invests $5500 in a new savings account which earns 4.2% annual interest, compounded quarterly. What will be the value of her investment after 7 years? Round to the nearest cent. \n" ); document.write( "

Algebra.Com's Answer #761366 by ikleyn(52869) $\"\"$ $\"About$

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document.write( "Future value =  = 7368.51  dollars.\r\n" );
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document.write( "The formula is self-explanatory.\r\n" );
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