document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1132507>Question 1132507</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Billy deposits $4500 at 12% interest monthly find the amount in the account after 4 months? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #749568 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=749568\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Here is the answer for:<BR>\n" );
document.write( "12% annual interest, compounded monthly<BR>\n" );
document.write( "Find amount after 4 months:<BR>\n" );
document.write( ".<BR>\n" );
document.write( "4500(1+(0.12/12))^4<BR>\n" );
document.write( "4500(1.01)^4<BR>\n" );
document.write( "4500*1.0406 = 4682.70 </SPAN>\n" );
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