document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=466161>Question 466161</A>: <I><SPAN STYLE=\"word-break: break-all;\"> find the present value of $7,00 due in 4 years if the money is worth:\r<BR>\n" );
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document.write( "a. 6% compunded smei-anually<BR>\n" );
document.write( "b. 6% compunded anually<BR>\n" );
document.write( "c. 6% compunded quarterly </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #319515 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=319515\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=A/(1+r/n)^nt<BR>\n" );
document.write( "P=7000/(1+0.06/2)^2*4<BR>\n" );
document.write( "P=7000/(1.03)^8<BR>\n" );
document.write( "P=7000/1.26677<BR>\n" );
document.write( "P=$5,525.86<BR>\n" );
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document.write( "You do the others. </SPAN>\n" );
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