document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1072545>Question 1072545</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You deposit $2000 in an account that pays 8&#8203;% <BR>\n" );
document.write( "interest compounded semiannually.  After <BR>\n" );
document.write( "4 &#8203;years, the interest rate is increased to 8.48&#8203;% <BR>\n" );
document.write( "compounded quarterly.  What will be the value of the account after <BR>\n" );
document.write( "8 years?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #687397 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=687397\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> For 4 years, it is 2000(1+.08/2)^8=$2737.14, rounding this at the end.<BR>\n" );
document.write( "Starting with that, it is 2737.14(1+(.0848)/4)^16=$3828.86 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );