document.write( "Question 1175023: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.\r
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document.write( "Principal: $4500\r
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document.write( "Rate: 6.5%\r
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document.write( "Compounded: monthly \r
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document.write( "Time: 4 years \r
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document.write( "A. Find how much money there will be in the account after the given number of years.\r
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document.write( "B. Find the interest earned. \n" );
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Algebra.Com's Answer #800556 by MathLover1(20849)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( " The formula for compound interest is :\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "given:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A. Find how much money there will be in the account after the given number of years.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "B. Find the interest earned.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |