document.write( "Question 503199: invest 600 for 4 years at 8% compound interest pa. how much after 4 years? \n" ); document.write( "
Algebra.Com's Answer #339119 by Sarpi(32)\"\" \"About 
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Compound Interest formula:
\n" ); document.write( " Amt=P(1+I)^n where Amt= Amount; P= principal; I= Interest rate; n=Time\r
\n" ); document.write( "\n" ); document.write( "P=600
\n" ); document.write( "I=8%
\n" ); document.write( "n=4yrs\r
\n" ); document.write( "\n" ); document.write( "Amt=600(1+8%)^4
\n" ); document.write( " =\"600%281.08%29%5E4\"
\n" ); document.write( " = 816.29
\n" ); document.write( "Hence, you will get 816.29
\n" ); document.write( "
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