document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1118630>Question 1118630</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much interest is earned on $1200 at 8% p.a for 5 years, compounded every 3 months  </SPAN>\n" );
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document.write( "5 years = 20 compounding periods.<BR>\n" );
document.write( "8%/year = 2% per period<BR>\n" );
document.write( "--> interest =  1200*(1 + 0.02)^20 - 1200 </SPAN>\n" );
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