document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=318347>Question 318347</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Does anyone know how to solve the compound interest formula for RATE?\r<BR>\n" );
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document.write( "Likely we are all familiar with the compound interest formula, thus:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=%28P%281%2B%28r%2Fn%29%29%5E%28n%2At%29%29 ALIGN=MIDDLE  ALT=\"A=%28P%281%2B%28r%2Fn%29%29%5E%28n%2At%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Where:<BR>\n" );
document.write( "A = amount<BR>\n" );
document.write( "P = principle<BR>\n" );
document.write( "r = rate (percent written as a decimal term)<BR>\n" );
document.write( "n = number of compounding periods per year (i.e., quarterly = 4)<BR>\n" );
document.write( "t = number of years\r<BR>\n" );
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document.write( "One of the tutors was so good as to solve this formula for TIME, thus:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=%28LOG%28A%2FP%29%29%2F%28n%2A%28LOG%281%2B%28r%2Fn%29%29%29%29 ALIGN=MIDDLE  ALT=\"t=%28LOG%28A%2FP%29%29%2F%28n%2A%28LOG%281%2B%28r%2Fn%29%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Does anyone know how to solve this formula for the RATE?  Stan has $1,500.00 and would quite like to have $5,000 in five years on a compound interest account.  What interest rate must he fetch to meet this goal?\r<BR>\n" );
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document.write( "Thanks so very much for any reply,\r<BR>\n" );
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document.write( "Charlie Bass<BR>\n" );
document.write( "Abilene, TX<BR>\n" );
document.write( "cfbass@yahoo.com </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #227855 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=227855\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> dividing by P ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%2FP+=+%281+%2B%28r%2Fn%29%29%5E%28n%2At%29 ALIGN=MIDDLE  ALT=\"A%2FP+=+%281+%2B%28r%2Fn%29%29%5E%28n%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "taking log ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%28A%2FP%29+=+%28n%2At%29log%28%281+%2B%28r%2Fn%29%29%29 ALIGN=MIDDLE  ALT=\"log%28A%2FP%29+=+%28n%2At%29log%28%281+%2B%28r%2Fn%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "dividing by (n*t) ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29+=+log%28%281+%2B%28r%2Fn%29%29%29 ALIGN=MIDDLE  ALT=\"%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29+=+log%28%281+%2B%28r%2Fn%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "reverse log ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=10%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+=+1+%2B+%28r%2Fn%29 ALIGN=MIDDLE  ALT=\"10%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+=+1+%2B+%28r%2Fn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "subtracting 1 ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=10%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+-+1+=+%28r%2Fn%29 ALIGN=MIDDLE  ALT=\"10%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+-+1+=+%28r%2Fn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "multiplying by n ___ <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n%2810%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+-+1%29+=+r ALIGN=MIDDLE  ALT=\"n%2810%5E%28%28%28log%28A%2FP%29%29+%2F+%28n%2At%29%29%29+-+1%29+=+r\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( " </SPAN>\n" );
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