document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=551881>Question 551881</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if you deposit $2500 for 3 years at a 5.7% interest compounded quarterly, how much money will there be in the acount? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #359986 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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=359986\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%281%2Br%2Fn%29%5E%28n%2At%29 ALIGN=MIDDLE  ALT=\"A=P%281%2Br%2Fn%29%5E%28n%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the compound interest formula\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%281%2B0.057%2F4%29%5E%284%2A3%29 ALIGN=MIDDLE  ALT=\"A=2500%281%2B0.057%2F4%29%5E%284%2A3%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=2500 ALIGN=MIDDLE  ALT=\"P=2500\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.057 ALIGN=MIDDLE  ALT=\"r=0.057\"   DISABLED_style= \"max-width:90%; height:auto;\" > (the decimal equivalent of 5.7%), <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=4 ALIGN=MIDDLE  ALT=\"n=4\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=3 ALIGN=MIDDLE  ALT=\"t=3\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%281%2B0.01425%29%5E%284%2A3%29 ALIGN=MIDDLE  ALT=\"A=2500%281%2B0.01425%29%5E%284%2A3%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.057%2F4 ALIGN=MIDDLE  ALT=\"0.057%2F4\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.01425 ALIGN=MIDDLE  ALT=\"0.01425\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%281.01425%29%5E%284%2A3%29 ALIGN=MIDDLE  ALT=\"A=2500%281.01425%29%5E%284%2A3%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Add <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1 ALIGN=MIDDLE  ALT=\"1\"   DISABLED_style= \"max-width:90%; height:auto;\" > to <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.01425 ALIGN=MIDDLE  ALT=\"0.01425\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.01425 ALIGN=MIDDLE  ALT=\"1.01425\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%281.01425%29%5E%2812%29 ALIGN=MIDDLE  ALT=\"A=2500%281.01425%29%5E%2812%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4 ALIGN=MIDDLE  ALT=\"4\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12 ALIGN=MIDDLE  ALT=\"12\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%281.1850596101584%29 ALIGN=MIDDLE  ALT=\"A=2500%281.1850596101584%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281.01425%29%5E%2812%29 ALIGN=MIDDLE  ALT=\"%281.01425%29%5E%2812%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.1850596101584 ALIGN=MIDDLE  ALT=\"1.1850596101584\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2962.64902539601 ALIGN=MIDDLE  ALT=\"A=2962.64902539601\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2500 ALIGN=MIDDLE  ALT=\"2500\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.1850596101584 ALIGN=MIDDLE  ALT=\"1.1850596101584\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2962.64902539601 ALIGN=MIDDLE  ALT=\"2962.64902539601\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2962.65 ALIGN=MIDDLE  ALT=\"A=2962.65\"   DISABLED_style= \"max-width:90%; height:auto;\" > Round to the nearest hundredth (ie to the nearest penny).\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "So there will be $2,962.65 in the acount </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );