document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1191432>Question 1191432</A>: <I><SPAN STYLE=\"word-break: break-all;\"> One bank quotes interest at 4% p.a. compounded semi annually. Another bank offers interest of 5% compounded monthly. Which one of these banks would you prefer and why? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #823223 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=823223\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> One bank quotes interest at 4% p.a. compounded semi annually. Another bank offers interest of 5% compounded monthly. Which one of these banks would you prefer and why?<BR>\n" );
document.write( "----------------------<BR>\n" );
document.write( "A higher rate compounded more often would generate more interest.<BR>\n" );
document.write( "==============<BR>\n" );
document.write( "I prefer the bank with the hottest girl teller. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );