document.write( "Question 1150102: Find the accumulated value of an investment of $1980 at 12% compounded annually for 16 years.\r
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document.write( "a.$5781.60\r
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document.write( "b.$5544.00\r
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document.write( "c.$12,138.18\r
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document.write( "d.$10,837.66 \n" );
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Algebra.Com's Answer #771460 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "principal: $1980 \n" ); document.write( "annual interest rate: 12% = 0.12 \n" ); document.write( "annual growth factor: 1+0.12 = 1.12 \n" ); document.write( "number of years: 16 \n" ); document.write( " \n" ); document.write( "You can do the calculation.... \n" ); document.write( " \n" ); document.write( " |