document.write( "Question 162722: 1. Peter has 1,000.00 pesos time deposit which earn 14% in a year. After 3 years Peter withdraws all the accumulated amount and divided the money to another personal business. Sixty percent of the money is used for lending venture which would earn 7% per month and the remaining amount is invested in another lending plan which will earn 5% a month. After two years, what will be the total accumulated money Peter has? \n" ); document.write( "
Algebra.Com's Answer #119942 by jojo14344(1513)\"\" \"About 
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\n" ); document.write( "Money after 3 years:
\n" ); document.write( "\"F=P%281%2Bi%29%5En\", working eqn
\n" ); document.write( "\"F=1000%281%2B0.14%29%5E3\"
\n" ); document.write( "\"F=1481.544\"
\n" ); document.write( "Sixty percent: \"1481.544%2A0.60=888.9264\", for lending venture
\n" ); document.write( "Remaning: \"1481.544-888.9264=592.6176\", for lending plan
\n" ); document.write( "After 2 years:
\n" ); document.write( "For lending venture that earns 7%/month:
\n" ); document.write( "Via working eqn,
\n" ); document.write( "\"F=888.9264%281%2B0.07%2F12%29%5E%282%2A12%29=highlight%281022.10%29\"
\n" ); document.write( "Foe lending plan that earns 5%/month:
\n" ); document.write( "\"F=592.6176%281%2B0.05%2F12%29%5E%282%2A12%29=highlight%28654.81%29\"
\n" ); document.write( "Money thereafter:
\n" ); document.write( "\"highlight%281022.10%2B654.81=1676.91%29\"
\n" ); document.write( "Thank you,
\n" ); document.write( "Jojo
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