document.write( "Question 1182414: If $7,000 is invested at 4% compounded quarterly, what is the amount after 8 years?\r
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Algebra.Com's Answer #812417 by ikleyn(52787) $\"\"$ $\"About$

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\n" ); document.write( "If $7,000 is invested at 4% compounded quarterly, what is the amount after 8 years?
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document.write( "The amount after 8 years will be (use the standard formula for the future value)\r\n" );
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document.write( "    FV =  =  = 9624.58 dollars.    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems on compounded interest accounts, look into the lesson\r
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