document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1132024>Question 1132024</A>: <I><SPAN STYLE=\"word-break: break-all;\"> James has invested $8000 into an account paying 6% interest compounded quarterly.  How much will he earn in interest if she leaves the money in the account for 10 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #748847 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=748847\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The total amount she will have is a=ao(1+(r/n)^nt<BR>\n" );
document.write( "a=8000(1+(.06/4))^40, the 40 the number of quarters in 10 years<BR>\n" );
document.write( "=$14512.15<BR>\n" );
document.write( "subtract $8000<BR>\n" );
document.write( "interest is the remainder or $6512.15 </SPAN>\n" );
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