document.write( "Question 1148340: Jessie is the beneficiary of a trust fund established for him 21 years ago at his birth. If the original amount placed in trust was $5,000, how much will he receive if the money has earned interest at the rate of 8%/year compounded annually? Compounded quarterly? Compounded monthly? \n" ); document.write( "

Algebra.Com's Answer #769693 by ikleyn(52786) $\"\"$ $\"About$

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document.write( "He will receive\r\n" );
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document.write( "      dollars, if compounded annually;\r\n" );
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document.write( "     dollars if compounded quarterly;\r\n" );
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document.write( "     dollars if compounded monthly.\r\n" );
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