document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=926616>Question 926616</A>: <I><SPAN STYLE=\"word-break: break-all;\">   How much will an investment of $20,000 be worth in 3 years if interest is compounded quarterly at 8%?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #562389 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=562389\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">   How much will an investment of $20,000 be worth in 3 years if interest is compounded quarterly at 8%? <BR>\n" );
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document.write( "3 yrs = 12 periods<BR>\n" );
document.write( "r = 8/4 = 2% per period<BR>\n" );
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document.write( "FV = 20000*1.02^12 </SPAN>\n" );
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