document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1025409>Question 1025409</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Peter deposits k450.00 with BSP which offers 4 1/2 per annum interest. Calculate the interest earned after 4years if it is compound annually </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #640746 by </B><A HREF=/tutors/aboutme.mpl?userid=Cromlix><B>Cromlix(4381)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Cromlix><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=Cromlix><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=640746\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hi there,<BR>\n" );
document.write( "100% + 4.5% = 104.5%<BR>\n" );
document.write( "104.5% = 104.5/100 = 1.045<BR>\n" );
document.write( "k450.00 x 1.045^4<BR>\n" );
document.write( "k536.63<BR>\n" );
document.write( "k536.63 - k450<BR>\n" );
document.write( "=k86.63.<BR>\n" );
document.write( "Interest<BR>\n" );
document.write( "Hope this helps :-) </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );