document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1164228>Question 1164228</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A sum of $2500, 00 earns interest at a rate of 12% per year compounded quarterly. How long will it take the investment to grow to $ 400, 000? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #788560 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39620)</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=788560\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> How much is the sum to be invested?<BR>\n" );
document.write( "Calling the sum to invest, A, then 12% per year compounded QUARTERLY, means <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12%2F4=3 ALIGN=MIDDLE  ALT=\"12%2F4=3\"   DISABLED_style= \"max-width:90%; height:auto;\" > or 3% interest rate PER QUARTER.\r<BR>\n" );
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document.write( "Wanted is finish with $400000.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=400000=A%2A%281.03%29%5En ALIGN=MIDDLE  ALT=\"400000=A%2A%281.03%29%5En\"   DISABLED_style= \"max-width:90%; height:auto;\" >, in which n is how many quarter-of-the-year periods; or how many three-month periods.\r<BR>\n" );
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document.write( "Decide what your A value really is, and solve the equation for n; and then convert that into the number of years or months. </SPAN>\n" );
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