document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1113605>Question 1113605</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1000$ at 6% compounded quartley for 6 years<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #728667 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=728667\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1000$ at 6% compounded quarterly for 6 years<BR>\n" );
document.write( "--------<BR>\n" );
document.write( "A(t) = P(1+(r/n))^(n*t)<BR>\n" );
document.write( "-------<BR>\n" );
document.write( "A(6) = 1000(1+(0.06/4))^(4*6)<BR>\n" );
document.write( "A(6) = 1000(1.015)^24<BR>\n" );
document.write( "A(6) = 1000*1.06136<BR>\n" );
document.write( "A(6) = $1061.36<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "------- </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );