document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=307882>Question 307882</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $300 earning 4.5% interest compounded quarterly for 3 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #220185 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=220185\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=C(1+ r/n )^nt\r<BR>\n" );
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document.write( "C=300<BR>\n" );
document.write( "r=4.5%<BR>\n" );
document.write( "n=4<BR>\n" );
document.write( "t=3\r<BR>\n" );
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document.write( "P= 300(1 + 0.045/4)^4*3\r<BR>\n" );
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document.write( "P=$343.1\r<BR>\n" );
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document.write( "Compound interest = $43.1 </SPAN>\n" );
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