document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1171614>Question 1171614</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Larry inherited Php1,500,000 on the day he became 35 years old. Under the specifications of the<BR>\n" );
document.write( "will the money was placed in a trust fund that earned interest at 12.8% compounded quarterly.<BR>\n" );
document.write( "What amount was in the fund on Larry’s fortieth birthday? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #797351 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=797351\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> in thousands<BR>\n" );
document.write( "A=500*(1+(.128/4))^20.  Divide the interest by the number of times compounded per year and raise the whole thing to the total number of times compounded in 5 years, which is 20. Round only at the end.<BR>\n" );
document.write( "500*(1.032)^20<BR>\n" );
document.write( "=938.780K<BR>\n" );
document.write( "or 938,780 Php </SPAN>\n" );
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