document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=427966>Question 427966</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that 5,700 is invested at 5% annual intrest rate, compounded monthly how much money will be in the account in 4 months? and in 3 years [round to the nearest cent]\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "how many years will it take 7,000 to grow to 11,500 if it is invested at 9% compounded quarterly? and compounded daily? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #297567 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=297567\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=5700(1+0.05/12)^4<BR>\n" );
document.write( "A=5700(1+0.05/12)^12*3<BR>\n" );
document.write( "11500=7000(1+0.09/4)^4n<BR>\n" );
document.write( "11500=7000(1+0.09/365)^365n </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );