document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1074795>Question 1074795</A>: <I><SPAN STYLE=\"word-break: break-all;\"> compute the value for the given investment using the different types of compounding. present value is $8,000. Annual interest rate is 4.5% for 3 years. Compounded: a. Semi Annually b. quarterly c. monthly and d. daily </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #689613 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=689613\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 8000 @ 4.5%  for 3 years=<BR>\n" );
document.write( "8000x(1.045)^3=8000x1.141166125=$9129.33\r<BR>\n" );
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document.write( "a. Semi-annually=<BR>\n" );
document.write( "8000 x (1+(0.045/2))^6=8000 x (1.0225)^6=<BR>\n" );
document.write( "8000 x 1.142825441564707275390625=$9142.60\r<BR>\n" );
document.write( "\n" );
document.write( "b. Quarterly=<BR>\n" );
document.write( "8000 x (1+(.045/4))^12=8000 x 1.01125^12=8000 x 1.14367444074=<BR>\n" );
document.write( "$9149.3955\r<BR>\n" );
document.write( "\n" );
document.write( "c. Monthly=<BR>\n" );
document.write( "8000 x (1+(.045/12)^36=8000 x 1.0035^36=8000 x 1.1442478322=<BR>\n" );
document.write( "$9153.98266\r<BR>\n" );
document.write( "\n" );
document.write( "d. Daily=<BR>\n" );
document.write( "8000 x (1.00012328767)^1095=8000 x 1.14452726043=<BR>\n" );
document.write( "$9156.21808346 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );