document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=934254>Question 934254</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If $350 is invested at 12% compounded <BR>\n" );
document.write( "(A) annually.     (B) quarterly.      (C) monthly\r<BR>\n" );
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document.write( "What is the amount after 6 years? \r<BR>\n" );
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document.write( "Rounded 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 #568229 by </B><A HREF=/tutors/aboutme.mpl?userid=ptfile><B>ptfile(81)</B></A><img src=\"/images/stars/stars-08.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ptfile><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=ptfile><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=568229\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=PV(1+r/n)^nt<BR>\n" );
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document.write( "a.)FV=350(1+.12/1)^(1)(6)\r\n" );
document.write( "   FV=350(1.12)^6\r\n" );
document.write( "   FV=690.84\r\n" );
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document.write( "b.)FV=350(1+.12/4)^(4)(6)\r\n" );
document.write( "   FV=350(1+.03)^24\r\n" );
document.write( "   FV=350(1.03)^24\r\n" );
document.write( "   FV=711.48\r\n" );
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document.write( "c.)FV=350(1+.12/12)^(12)(6)\r\n" );
document.write( "   FV=350(1+.01)^72\r\n" );
document.write( "   FV=350(1.01)^72\r\n" );
document.write( "   FV=716.48\r\n" );
document.write( "</PRE><BR>\n" );
document.write( "The amount in 6 years will be $690.84 for annually, $711.48 for quarterly and $716.48 for monthly. </SPAN>\n" );
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