document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1143509>Question 1143509</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mr.Popo deposited on a savings bank earning 5% per year compounded annually. After 3years, he decided to transfer the accumulated amount to an investment bank which earns 8% per year compounded quarterly. If the accumulated amount after six years in the investment bank is 102,408.19, how much did he deposit on the savings bank?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #764343 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13203)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><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=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=764343\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "5% interest compounded annually for 3 years; followed by 8%/4 = 2% interest compounded quarterly for 24 quarters:<br><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%28x%29%28%281%2B.05%29%5E3%29%28%281%2B.08%2F4%29%5E%284%2A6%29%29+=+102408.19 ALIGN=MIDDLE  ALT=\"%28x%29%28%281%2B.05%29%5E3%29%28%281%2B.08%2F4%29%5E%284%2A6%29%29+=+102408.19\"   DISABLED_style= \"max-width:90%; height:auto;\" ><br><BR>\n" );
document.write( "Use a calculator....<br><BR>\n" );
document.write( "The easiest way is with a graphing calculator; graph the two expressions and find their point of intersection. </SPAN>\n" );
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