# SOLUTION: thank you in advance for help with this problem. I am not getting it right but would like to know where I am going wrong. Thanks \$600 for 10 years at 8.5% compounded annually.

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 Question 177228This question is from textbook college algebras : thank you in advance for help with this problem. I am not getting it right but would like to know where I am going wrong. Thanks \$600 for 10 years at 8.5% compounded annually. I set it up like this A=600(1+.085)^10 and I end up wiht 656 I know the answer is 1356\$ annually. Thank for showing me where I am going wrong.This question is from textbook college algebras Found 2 solutions by gonzo, Earlsdon:Answer by gonzo(654)   (Show Source): You can put this solution on YOUR website!not sure how you got 656. looks like you set it up right. A = \$600 * (1.085)^10 1.085^10 = 2.260983442 * 600 = 1356.590065 Answer by Earlsdon(6287)   (Show Source): You can put this solution on YOUR website!Well, I see nothing wrong with your set up. and p = 600, i = 0.085, and n = 10 years. So I would double check your order of operations.