document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=712404>Question 712404</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You are quoted an interest rate of 6% on an investment of $10,000,000. What is the value of your investment after 4 years if the interest is compounded:<BR>\n" );
document.write( " Annually<BR>\n" );
document.write( "Monthly<BR>\n" );
document.write( "Continuously<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #437904 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=437904\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You are quoted an interest rate of 6% on an investment of $10,000,000. What is the value of your investment after 4 years if the interest is compounded:<BR>\n" );
document.write( "Annually<BR>\n" );
document.write( "A(4) = 10000000(1.06)^4<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "Monthly<BR>\n" );
document.write( "A(4) = 10000000(1+(0.06/12))^(12*4) <BR>\n" );
document.write( "---------------<BR>\n" );
document.write( "Continuously<BR>\n" );
document.write( "A(4) = 10000000e^(0.06*4) <BR>\n" );
document.write( "======================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "===============<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );