document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1185662>Question 1185662</A>: <I><SPAN STYLE=\"word-break: break-all;\"> •	A deposit of $5,000 earns interest at 7% p.a. compounded quarterly for four years and five months. At that time, the interest rate changes to 6% p.a. compounded monthly. What is the value of the deposit three years after the change in the rate of interest?\r<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 #816513 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52787)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=816513\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "A deposit of $5,000 earns interest at 7% p.a. compounded quarterly for four years and five months. <BR>\n" );
document.write( "At that time, the interest rate changes to 6% p.a. compounded monthly. <BR>\n" );
document.write( "What is the value of the deposit three years after the change in the rate of interest?<BR>\n" );
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document.write( "Hello, 5 months do not comprise an integer number of quarters.\r<BR>\n" );
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document.write( "So, we need to know the bank policy for this non-traditional case.\r<BR>\n" );
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document.write( "Go to the bank and ask them.  \r<BR>\n" );
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document.write( "Or call them by phone.  Or contact by Email.\r<BR>\n" );
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document.write( "May be, there are some other ways to communicate with them (via their web-site, for example . . . )\r<BR>\n" );
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document.write( "The input data is incomplete and a precise solution is not possible in the form, as the problem is presented.\r<BR>\n" );
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