document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=365344>Question 365344</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if $6,000 is deposited into a bank account paying 5% compounded, what will be in the account after 4 years? How much interest will be earned during 4 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #260527 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=260527\">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= amount <BR>\n" );
document.write( "p=principal= $6000<BR>\n" );
document.write( "r= rate of interest =5%<BR>\n" );
document.write( "t= 4 years<BR>\n" );
document.write( "..<BR>\n" );
document.write( "A= 6000(1+0.05)^4<BR>\n" );
document.write( "A= 7293.04<BR>\n" );
document.write( "7293.04-6000=$1293.04 interest<BR>\n" );
document.write( "...<BR>\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );