document.write( "Question 1141228: If an employee deposits Rs. 2,000 at the end of each year into his company’s plan which pays 7% interest compounded quarterly, how much will he have in the account at the end of 5 years? \n" ); document.write( "

Algebra.Com's Answer #762306 by MathTherapy(10552) $\"\"$ $\"About$

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\n" ); document.write( "If an employee deposits Rs. 2,000 at the end of each year into his company’s plan which pays 7% interest compounded quarterly, how much will he have in the account at the end of 5 years?
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I know that you must know that this person must be doing a totally different problem, or maybe he's just CONFUSED. 
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document.write( "How can someone deposit $2,000 for 5 years, earning interest of 7%, regardless of annual compounding periods, and end up with $5,772 at the end of those 5 years? 
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document.write( "Is he for real? You decide!! \n" );
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