document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102422>Question 1102422</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If you deposit $1,000 in your bank account, how much will be in the account:<BR>\n" );
document.write( "A) After 5 years with 6% annual interest compounded quarterly?<BR>\n" );
document.write( "B) After 3 years with 4% annual interest compounded monthly?<BR>\n" );
document.write( "C) After 6 years with 5% annual interest compounded continuously?<BR>\n" );
document.write( "Show all work  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #717120 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=717120\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If you deposit $1,000 in your bank account, how much will be in the account:<BR>\n" );
document.write( "A) After 5 years with 6% annual interest compounded quarterly?<BR>\n" );
document.write( "B) After 3 years with 4% annual interest compounded monthly?<BR>\n" );
document.write( "C) After 6 years with 5% annual interest compounded continuously?<BR>\n" );
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document.write( "Amount = $1000*(1 + int/p)^t - p = periods per year, t = # of periods<BR>\n" );
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document.write( "A) After 5 years with 6% annual interest compounded quarterly?<BR>\n" );
document.write( "5 years = 20 periods<BR>\n" );
document.write( "Amount = $1000*(1 + 0.06/4)^20<BR>\n" );
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document.write( "Do B & C the same way.\r<BR>\n" );
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