document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1182605>Question 1182605</A>: <I><SPAN STYLE=\"word-break: break-all;\">  What is the APY for money invested at each rate?\r<BR>\n" );
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document.write( " A 15% compounded quarterly<BR>\n" );
document.write( " B 13% compounded continuously\r<BR>\n" );
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document.write( "APY is %?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #812690 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=812690\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the first is (1+(0.15/4))^4-1=15.87%<BR>\n" );
document.write( "the second is e^(0.13)-1=13.88%; for principal P compounded continuously, the amount present at time t in years is Pe^rt<BR>\n" );
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