document.write( "Question 1176618: Arianna is investing 6,000 to get ready for college expenses. her bank offers an annual growth rate of 5.8% and she plans to do this for 4 years. How much will she save after 4 years\r
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Algebra.Com's Answer #803806 by ikleyn(52835)\"\" \"About 
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document.write( "The exponential function for the Future Value is (assuming compound account)\r\n" );
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document.write( "    FV = \"6000%2A%281%2B0.058%29%5Et\" = \"6000%2A1.058%5Et\"\r\n" );
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document.write( "where \"t\" is the integer number of full years.\r\n" );
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document.write( "In 4 years, the value at the account will be \r\n" );
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document.write( "    \"6000%2A1.058%5E4\" = 7517.86 dollars.    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar solved problems on compounded interest accounts,  look into the lesson\r
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