document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=133501>Question 133501</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 2) $5000 is invested for 10 year compounds quarterly, at the end of the 10 years the amount as grown to $11,500. What is the annual interest percentage rate to the rounded to the nearest 100th?<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 #97672 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=97672\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%281%2Br%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A=P%281%2Br%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the given equation\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=11500=5000%281%2Br%2F4%29%5E%284%2A10%29 ALIGN=MIDDLE  ALT=\"11500=5000%281%2Br%2F4%29%5E%284%2A10%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=11500 ALIGN=MIDDLE  ALT=\"A=11500\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=5000 ALIGN=MIDDLE  ALT=\"P=5000\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=4 ALIGN=MIDDLE  ALT=\"n=4\"   DISABLED_style= \"max-width:90%; height:auto;\" >, and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=10 ALIGN=MIDDLE  ALT=\"t=10\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=11500=5000%281%2Br%2F4%29%5E%2840%29 ALIGN=MIDDLE  ALT=\"11500=5000%281%2Br%2F4%29%5E%2840%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2.3=1%2Br%2F4%29%5E%2840%29 ALIGN=MIDDLE  ALT=\"2.3=1%2Br%2F4%29%5E%2840%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Divide both sides by 5,000 \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=root%2840%2C2.3%29=root%2840%2C%281%2Br%2F4%29%5E%2840%29%29 ALIGN=MIDDLE  ALT=\"root%2840%2C2.3%29=root%2840%2C%281%2Br%2F4%29%5E%2840%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Take the 40th root of both sides\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.02104=1%2Br%2F4 ALIGN=MIDDLE  ALT=\"1.02104=1%2Br%2F4\"   DISABLED_style= \"max-width:90%; height:auto;\" > Simplify\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.02104=r%2F4 ALIGN=MIDDLE  ALT=\"0.02104=r%2F4\"   DISABLED_style= \"max-width:90%; height:auto;\" > Subtract 1 from both sides\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.08416=r ALIGN=MIDDLE  ALT=\"0.08416=r\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply both sides by 4\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.08416 ALIGN=MIDDLE  ALT=\"r=0.08416\"   DISABLED_style= \"max-width:90%; height:auto;\" > Rearrange the equation\r<BR>\n" );
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document.write( "So to the nearest hundredth, the annual interest rate is 8.42%\r<BR>\n" );
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