document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1111259>Question 1111259</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Shana put $25,000 in an education<BR>\n" );
document.write( "account on the day her daughter was born. If the account earned 6.65% interest<BR>\n" );
document.write( "compounded quarterly, what was the total<BR>\n" );
document.write( "in the account when her daughter turned<BR>\n" );
document.write( "18? Round the final answer to the nearest<BR>\n" );
document.write( "cent. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #839445 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=839445\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Shana put $25,000 in an education<BR>\n" );
document.write( "account on the day her daughter was born. If the account earned 6.65% interest<BR>\n" );
document.write( "compounded quarterly, what was the total<BR>\n" );
document.write( "in the account when her daughter turned<BR>\n" );
document.write( "18? \r<BR>\n" );
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document.write( "A=P*(1+0.0665)^n\r<BR>\n" );
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document.write( "A= 25000*(1.016625)^(18*4)\r<BR>\n" );
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document.write( "A= $81,943.89 after 18 years\r<BR>\n" );
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document.write( " </SPAN>\n" );
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