document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=203889>Question 203889</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone please help me with this problem:\r<BR>\n" );
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document.write( "Find the compound interest earned by the deposit. Round to the nearest cent.\r<BR>\n" );
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document.write( "$15,000 at 4% compounded quarterly for 1/2 year </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #153813 by </B><A HREF=/tutors/aboutme.mpl?userid=jojo14344><B>jojo14344(1513)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jojo14344><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=153813\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Tahoma\" size=1.5><BR>\n" );
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document.write( "Given:<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=system%28P=15000%2Ci=0.04%2Cn=0.50yr%2Cm=4=quarterly%29 ALIGN=MIDDLE  ALT=\"system%28P=15000%2Ci=0.04%2Cn=0.50yr%2Cm=4=quarterly%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Let us find first the Future Value:<BR>\n" );
document.write( "Working Eqn: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F=P%281%2Bi%2Fm%29%5E%28mn%29 ALIGN=MIDDLE  ALT=\"F=P%281%2Bi%2Fm%29%5E%28mn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F=15000%281%2B0.04%2F4%29%5E%284%2A0.50%29=15000%281%2B0.01%29%5E2=15000%281.01%29%5E2 ALIGN=MIDDLE  ALT=\"F=15000%281%2B0.04%2F4%29%5E%284%2A0.50%29=15000%281%2B0.01%29%5E2=15000%281.01%29%5E2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=red%28F=15301.50%29 ALIGN=MIDDLE  ALT=\"red%28F=15301.50%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "So the compounded interest earned:<BR>\n" );
document.write( "= F - P<BR>\n" );
document.write( "= $15,301.50 - $15,000<BR>\n" );
document.write( "= <font color=blue>$301.50</font> (Answer)\r<BR>\n" );
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document.write( "Thank you,<BR>\n" );
document.write( "Jojo</font> </SPAN>\n" );
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