document.write( "Question 1194163: Carmen wants to invest some money so that she will have $10,000 in 5 years. The bank offers a rate of 6.5% compounded quarterly. How much should her investment be? \n" ); document.write( "
Algebra.Com's Answer #826300 by ikleyn(52787)\"\" \"About 
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document.write( "Let X be her investment.\r\n" );
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document.write( "Then, if you have necessary pre-requisites for this subject (which I hope you have), you can write an equation\r\n" );
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document.write( "    10000 = \"X%2A%281%2B0.065%2F4%29%5E%284%2A5%29\".\r\n" );
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document.write( "From this equation \r\n" );
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document.write( "    X = \"10000%2F%281%2B0.065%2F4%29%5E20\" = use your calculator = 7244.18  dollars.\r\n" );
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document.write( "ANSWER.  Carmen shoud invest  $7244.18.\r\n" );
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\n" ); document.write( "\n" ); document.write( "For all details and explanations,  look into these two lessons\r
\n" ); document.write( "\n" ); document.write( "    - Compounded interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "    - Problems on discretely compound accounts \r
\n" ); document.write( "\n" ); document.write( "in this site,  and learn the subject from there.\r
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\n" ); document.write( "\n" ); document.write( "After reading these lessons,  you will learn all necessary prerequisites and will tackle such problems
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\n" ); document.write( "\n" ); document.write( "Also,  you have this free of charge online textbook in ALGEBRA-I in this site\r
\n" ); document.write( "\n" ); document.write( "    - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r
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\n" ); document.write( "\n" ); document.write( "The referred lessons are the part of this online textbook under the topic \"Logarithms\".\r
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\n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r
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\n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I
\n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r
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\n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r
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\n" ); document.write( "\n" ); document.write( "Happy learning  ( ! )\r
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