document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=319698>Question 319698</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the compound interest earned by the deposit. Round to the nearest cent.<BR>\n" );
document.write( "$1800 compounded quarterly at 4% for six years. I tried the formula for your question #201910 but that one is compounded annually instead.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #228936 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=228936\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+r/n)^nt<BR>\n" );
document.write( "A=1800(1+.04/4)^4*6<BR>\n" );
document.write( "A=1800(1.01)^24<BR>\n" );
document.write( "A=1800(1.26973649)<BR>\n" );
document.write( "A=2285.53<BR>\n" );
document.write( "2285.53-1800=$485.53<BR>\n" );
document.write( "r=rate<BR>\n" );
document.write( "n=compounding periods per year<BR>\n" );
document.write( "t=number of yrs<BR>\n" );
document.write( "A=total  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );