document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=593013>Question 593013</A>: <I><SPAN STYLE=\"word-break: break-all;\"> how do i solve this: \"Suppose that $5 is invested at 4%, compounded quarterly. How much would be in the account after 300 years? Give your answer to the nearest cent.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #376146 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=376146\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose that $5 is invested at 4%, compounded quarterly. How much would be in the account after 300 years?<BR>\n" );
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document.write( "A(t) = P(1+(r/n))^(nt)<BR>\n" );
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document.write( "A(300) = 5(1+(0.04/4))^(4*300)<BR>\n" );
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document.write( "A(300) = 5(1.01)^1200<BR>\n" );
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document.write( "A(300) = $766,687.78<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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