document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=368210>Question 368210</A>: <I><SPAN STYLE=\"word-break: break-all;\">  Suppose that $60,000 is invested at 9% interest. Find the amount of money in the account after 4 years if the interest is compunded annually. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #262380 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=262380\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A = p(1+r/n)^nt<BR>\n" );
document.write( "p=60000<BR>\n" );
document.write( "r=9% -0.09<BR>\n" );
document.write( "n=1<BR>\n" );
document.write( "t=4<BR>\n" );
document.write( "..<BR>\n" );
document.write( "60000*(1+(0.09/1))^4<BR>\n" );
document.write( "A= 84,695 ( rounded off)<BR>\n" );
document.write( "...<BR>\n" );
document.write( "m.ananth@hotmail.ca<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );