document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=954649>Question 954649</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Sarah invested 100 dollars in a bank account with an interest rate of 2% compounded quarterly. After approximately how many years will it take for her money to double? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #583092 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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=583092\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 2%, same as 0.02, if compounded quarterly means each period of compounding the rate is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.02%281%2F4%29=0.005 ALIGN=MIDDLE  ALT=\"0.02%281%2F4%29=0.005\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200=100%2A%281.005%29%5Ep ALIGN=MIDDLE  ALT=\"200=100%2A%281.005%29%5Ep\"   DISABLED_style= \"max-width:90%; height:auto;\" >, using p to count the periods.\r<BR>\n" );
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document.write( "One way to solve is to find p, and then find <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p%2F4 ALIGN=MIDDLE  ALT=\"p%2F4\"   DISABLED_style= \"max-width:90%; height:auto;\" > to find how many years.<BR>\n" );
document.write( "Other way is  p/4=y for years, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p=4%2Ay ALIGN=MIDDLE  ALT=\"p=4%2Ay\"   DISABLED_style= \"max-width:90%; height:auto;\" >  and do the equation as<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200=100%2A%281.05%29%5E%284y%29 ALIGN=MIDDLE  ALT=\"200=100%2A%281.05%29%5E%284y%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281.005%29%5Ep=2 ALIGN=MIDDLE  ALT=\"%281.005%29%5Ep=2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%2810%2C1.005%29%2Ap=log%2810%2C2%29 ALIGN=MIDDLE  ALT=\"log%2810%2C1.005%29%2Ap=log%2810%2C2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p=log%2810%2C2%29%2Flog%2810%2C1.005%29 ALIGN=MIDDLE  ALT=\"p=log%2810%2C2%29%2Flog%2810%2C1.005%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p=140 ALIGN=MIDDLE  ALT=\"p=140\"   DISABLED_style= \"max-width:90%; height:auto;\" >----quarters<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=140%2F4=highlight%2834%263%2F4%29 ALIGN=MIDDLE  ALT=\"y=140%2F4=highlight%2834%263%2F4%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >----years\r<BR>\n" );
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