document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=694646>Question 694646</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a principal of $5000 is invested in an account paying an annual rate of 5%. find the amount after 6 years if the account is compounded semiannually, quarterly , and monthly. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #428117 by </B><A HREF=/tutors/aboutme.mpl?userid=DrBeeee><B>DrBeeee(684)</B></A><img src=\"/images/stars/stars-11.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=DrBeeee><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=428117\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Use your calculator to evaluate the following equations.<BR>\n" );
document.write( "A) Compunded annually:<BR>\n" );
document.write( "(1) B = 5000*(1 + 0.05)^(1*6) = <BR>\n" );
document.write( "B) Compounded semi-annually:<BR>\n" );
document.write( "(2) B = 5000*(1 + 0.05/2)^(2*6) =<BR>\n" );
document.write( "C) Compounded quarterly:<BR>\n" );
document.write( "(3) B = 5000*(1 + 0.05/4)^(4*6) =<BR>\n" );
document.write( "D) Compounded monthly:<BR>\n" );
document.write( "(4) B = 5000*(1 + 0.05/12)^(12*6) = <BR>\n" );
document.write( "E) Compounded weekly:<BR>\n" );
document.write( "(5) B = 5000*(1 + 0.05/52)^(52*6) =\r<BR>\n" );
document.write( "\n" );
document.write( "I think you can see the trend don't you? </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );