document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1074022>Question 1074022</A>: <I><SPAN STYLE=\"word-break: break-all;\"> what will an investor recieve at the end of 5 years who invest Rs.300000/- in saving scheme that pays 4% per quater every quater?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #688830 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=688830\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If the scheme pays 4% per quarter, and there are 20 quarters in 5 years, then the amount of money would be:<BR>\n" );
document.write( "A=300000 x (1.04)^20<BR>\n" );
document.write( "=300000 x 2.1911231430334193505480762776603<BR>\n" );
document.write( "=Rs.657336.94 at the end of 5 years. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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