document.write( "Question 1182473: Find the accumulated amount A if the principal P = RM11,000 is invested at the interest rate of r = 5% per year for t = 5.5 years, compounded quarterly. \n" ); document.write( "

Algebra.Com's Answer #812535 by mananth(16946) $\"\"$ $\"About$

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Find Amount
\n" ); document.write( "Principal P = 11000
\n" ); document.write( "Amount= A
\n" ); document.write( "years=t 5.50
\n" ); document.write( "compounded 4 times a year n
\n" ); document.write( "Rate = 5.00 0.05 0.0125
\n" ); document.write( "Amount = P*((n+r)/n)^n*t
\n" ); document.write( "
\n" ); document.write( "Amount = = 11000 *( 1 + 0.0125 )^ 4 * 5.50
\n" ); document.write( "Amount = 11000 *( 1 + 0.0125 )^ 22
\n" ); document.write( " 11000 *( 1.0125 )^ 22.00
\n" ); document.write( "Amount = 14457.17
\n" ); document.write( " \n" ); document.write( "

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