document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=234505>Question 234505</A>: <I><SPAN STYLE=\"word-break: break-all;\"> investment of 4000 in 3 months with interest of 6.1 what was the earned amount? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #172896 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=172896\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=(1+r/n)^t/n <BR>\n" );
document.write( "Where P=principle, r=rate (in decimal form),n=number of periods per year. t=number of years.<BR>\n" );
document.write( "4,000(1+.061/4)^1/4<BR>\n" );
document.write( "4,000(1+.01525)^.25<BR>\n" );
document.write( "4,000(1.01525)^.25<BR>\n" );
document.write( "4,000*1.00379=$4,015.16 ans. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );