document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1135557>Question 1135557</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hello,\r<BR>\n" );
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document.write( "I am having trouble with the following question:\r<BR>\n" );
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document.write( "Suppose you have $1,000 to invest. You can either invest in a CD that yields an 8% simple interest, or in a CD that yields a 6% interest if compounded quarterly. Which investment will yield a greater return at the end of one year. Show work to prove your answer.\r<BR>\n" );
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document.write( "I believe it would be 6% compounded but I'm not sure how to prove it.\r<BR>\n" );
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document.write( "Thank you so much in advance! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #753189 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=753189\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> For simple interest:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+I+=+P%2Ar%2At+ ALIGN=MIDDLE  ALT=\"+I+=+P%2Ar%2At+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+%2B+I+=+P%2A%28+1+%2B+r%2At+%29+ ALIGN=MIDDLE  ALT=\"+P+%2B+I+=+P%2A%28+1+%2B+r%2At+%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+%2B+i+=+1000%2A%28+1+%2B+.08%2A1+%29+ ALIGN=MIDDLE  ALT=\"+P+%2B+i+=+1000%2A%28+1+%2B+.08%2A1+%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+%2B+i+=+1.08%2A1000+ ALIGN=MIDDLE  ALT=\"+P+%2B+i+=+1.08%2A1000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+%2B+I+=+1080+ ALIGN=MIDDLE  ALT=\"+P+%2B+I+=+1080+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "$1,080<BR>\n" );
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document.write( "For compound interest:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+ ALIGN=MIDDLE  ALT=\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+n+=+4+ ALIGN=MIDDLE  ALT=\"+n+=+4+\"   DISABLED_style= \"max-width:90%; height:auto;\" > (compounded quarterly )<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+t+=+1+ ALIGN=MIDDLE  ALT=\"+t+=+1+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+r+=+.06+ ALIGN=MIDDLE  ALT=\"+r+=+.06+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+1000%2A%28+1+%2B+.06%2F4+%29%5E%28+4%2A1+%29+ ALIGN=MIDDLE  ALT=\"+A+=+1000%2A%28+1+%2B+.06%2F4+%29%5E%28+4%2A1+%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+1000%2A1.015%5E4+ ALIGN=MIDDLE  ALT=\"+A+=+1000%2A1.015%5E4+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+1000%2A1.06136+ ALIGN=MIDDLE  ALT=\"+A+=+1000%2A1.06136+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+1061.36+ ALIGN=MIDDLE  ALT=\"+A+=+1061.36+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "$1,061.36<BR>\n" );
document.write( "The simple interest gives more return\r<BR>\n" );
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document.write( " </SPAN>\n" );
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