document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1188721>Question 1188721</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if you deposit Php 8000 into an account paying 7% aanual interest compounded quarterly, how long until is Php 12400 in your account </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #819882 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52863)</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=819882\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "if you deposit Php 8000 into an account paying 7% annual interest compounded quarterly, <BR>\n" );
document.write( "how long until is Php 12400 in your account ?<BR>\n" );
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document.write( "It will take 26 quarters, precisely and exactly, which is 6 years and half.\r<BR>\n" );
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document.write( "You can not accept 25.26 quarters from the solution by @Theo.\r<BR>\n" );
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document.write( "You must round it to the closest greater quarter, which is 26 quarters, in order for\r<BR>\n" );
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document.write( "the bank was in position to make the last compounding.\r<BR>\n" );
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document.write( "26 quarters is your correct answer.\r<BR>\n" );
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document.write( "25.26 quarters is not enough.\r<BR>\n" );
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document.write( "@Theo &nbsp;REPEATS &nbsp;HIS &nbsp;ERROR &nbsp;just, &nbsp;probably, &nbsp;more than &nbsp;10 &nbsp;times in this forum, \r<BR>\n" );
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document.write( "ALTHOUGH &nbsp;and &nbsp;DESPITE &nbsp;I &nbsp;corrected and taught him all the time.\r<BR>\n" );
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document.write( "To see many other similar and different problems solved, &nbsp;look into these two lessons\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compounded interest percentage problems</A> \r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/logarithm/Problems-on-discretely-compound-accounts.lesson>Problems on discretely compound accounts</A> \r<BR>\n" );
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document.write( "in this site, &nbsp;and learn the subject from there.\r<BR>\n" );
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document.write( "After reading these lessons, &nbsp;you will tackle such problems on your own without asking for help from outside.\r<BR>\n" );
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document.write( "Also, &nbsp;you have this free of charge online textbook in ALGEBRA-I in this site\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson>ALGEBRA-I - YOUR ONLINE TEXTBOOK</A>.\r<BR>\n" );
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document.write( "The referred lessons are the part of this online textbook under the topic \"<U>Logarithms</U>\".\r<BR>\n" );
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document.write( "Save the link to this online textbook together with its description\r<BR>\n" );
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document.write( "Free of charge online textbook in ALGEBRA-I<BR>\n" );
document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r<BR>\n" );
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document.write( "to your archive and use it when it is needed.\r<BR>\n" );
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document.write( "Happy learning &nbsp;(&nbsp;!&nbsp;)\r<BR>\n" );
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document.write( " </SPAN>\n" );
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