document.write( "Question 1205312: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
\n" ); document.write( "Principal
\n" ); document.write( "$7000
\n" ); document.write( "Rate
\n" ); document.write( "7%
\n" ); document.write( "Compounded
\n" ); document.write( "semiannually
\n" ); document.write( "Time
\n" ); document.write( "4 years
\n" ); document.write( "A. Find how much money there will be in the account after the given number of years.
\n" ); document.write( "B. Find the interest earned.
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Algebra.Com's Answer #842014 by josgarithmetic(39617)\"\" \"About 
You can put this solution on YOUR website!
rate in each period is 3.5%, for 8 periods.\r
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\n" ); document.write( "\n" ); document.write( "Ending Balance, \"7000%281.035%29%5E8\"
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