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