document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1154359>Question 1154359</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Austin is going to invest $470 and leave it in an account for 8 years. Assuming the interest is compounded quarterly, what interest rate, to the nearest hundredth of a percent, would be required in order for Austin to end up with $600? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #776770 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39630)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=776770\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Eight years is four multiplied by eight quarters or four multiplied by eight  compounding periods.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=470%281%2Br%29%5E%284%2A8%29=600 ALIGN=MIDDLE  ALT=\"470%281%2Br%29%5E%284%2A8%29=600\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "(and here, r is for the compounding period, the \"quarter\".)<BR>\n" );
document.write( "Can you solve this? </SPAN>\n" );
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