Question 438949
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Hi
Suppose you invest $2500 at an annual rate of 7.00% compounded quarterly.  
How much money would you have 9 years later?
  A= p(1+r/n) ^nt 
  A= $2500(1+.07/4) ^36 
  A= $2500(1.0175) ^36 = $4668.52