document.write( "Question 1184494: A 6, 000.00 pesos was lent at 6% simple interest for 4 years. At the end of 4th year, the entire money (including the interest) was invested at 5% compounded annually for 12 years. What is the future worth of the investment at the end of the 16th year? \n" ); document.write( "

Algebra.Com's Answer #815113 by ikleyn(52839) $\"\"$ $\"About$

You can put this solution on YOUR website!
.
\n" ); document.write( "

\r\n" );
document.write( "\r\n" );
document.write( "Future value after 16 years will be  FV =  = 13.361.17  dollars.    ANSWER\r\n" );
document.write( "

\r
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

\n" );