document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=249657>Question 249657</A>: <I><SPAN STYLE=\"word-break: break-all;\"> H ow long will it take for $ 8400 to grow to $ 46,400 at an interest rate of<BR>\n" );
document.write( "10% if the interest is compounded quarterly? Round the number of years<BR>\n" );
document.write( "to the nearest hundredth. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #181812 by </B><A HREF=/tutors/aboutme.mpl?userid=scott8148><B>scott8148(6628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=scott8148><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/cgi-bin/show-face.mpl?user=scott8148><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=181812\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 46400 = 8400 (1 + .025)^(4n)\r<BR>\n" );
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document.write( "46400 / 8400 = (1 + .025)^(4n)\r<BR>\n" );
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document.write( "log(46400 / 8400) = 4n log(1.025)\r<BR>\n" );
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document.write( "[log(46400 / 8400)] / [4 log(1.025)] = n </SPAN>\n" );
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