<PRE><B>Question 992979</B>
 An investor places $6000 with a 4% return. How much is in the account in 20 years: 
a. If the account is compounded annually?
A(20) = 6000(1.04)^20 = 
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b. If the account is compounded quarterly?
A(20) = 6000(1+(0.04/4))^(4*20)
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c. If the account is compounded monthly?
A(20) = 6000(1+(0.04/12))^(12*20) 
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Cheers,
Stan H.
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