document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=457412>Question 457412</A>: <I><SPAN STYLE=\"word-break: break-all;\"> PLEASE HELP ASAP!<BR>\n" );
document.write( "Solve the problem and express your answer to the nearest tenth.<BR>\n" );
document.write( "How long will it take $750 to be worth $1000 if it is invested at 5% interest compounded quarterly? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #313829 by </B><A HREF=/tutors/aboutme.mpl?userid=nerdybill><B>nerdybill(7384)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=nerdybill><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=nerdybill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=313829\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> How long will it take $750 to be worth $1000 if it is invested at 5% interest compounded quarterly?<BR>\n" );
document.write( ".<BR>\n" );
document.write( "A = P(1 + r/n)^(nt)<BR>\n" );
document.write( "where <BR>\n" );
document.write( "A is amount after time t (1000)<BR>\n" );
document.write( "P is the principal (750)<BR>\n" );
document.write( "r is the rate (.05)<BR>\n" );
document.write( "n is the times compounded (4)<BR>\n" );
document.write( "t is time (what we're solving for)<BR>\n" );
document.write( ".<BR>\n" );
document.write( "A = P(1 + r/n)^(nt)<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1000+=+750%281+%2B+.05%2F4%29%5E%284t%29 ALIGN=MIDDLE  ALT=\"1000+=+750%281+%2B+.05%2F4%29%5E%284t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1000+=+750%281.0125%29%5E%284t%29 ALIGN=MIDDLE  ALT=\"1000+=+750%281.0125%29%5E%284t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.3333+=+%281.0125%29%5E%284t%29 ALIGN=MIDDLE  ALT=\"1.3333+=+%281.0125%29%5E%284t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%281.0125%2C1.3333%29+=+4t ALIGN=MIDDLE  ALT=\"log%281.0125%2C1.3333%29+=+4t\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%281.3333%29%2Flog%281.0125%29+=+4t ALIGN=MIDDLE  ALT=\"log%281.3333%29%2Flog%281.0125%29+=+4t\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%281.3333%29%2F%284%2Alog%281.0125%29%29+=+t ALIGN=MIDDLE  ALT=\"log%281.3333%29%2F%284%2Alog%281.0125%29%29+=+t\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5.8+=+t ALIGN=MIDDLE  ALT=\"5.8+=+t\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( ".<BR>\n" );
document.write( "that is,<BR>\n" );
document.write( "t = 5.8 years </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );