document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=165775>Question 165775</A>: <I><SPAN STYLE=\"word-break: break-all;\"> can someone help with this problem please:\r<BR>\n" );
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document.write( "Anne purchased a bond for a museum valued at $8000 for $2400. If the bond pays 5.5% annual interest compounded monthly, how long must she hold it until it reaches its full face value/\r<BR>\n" );
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document.write( "a. 23.94 years<BR>\n" );
document.write( "b. 21.94 years<BR>\n" );
document.write( "c. 19.94 years<BR>\n" );
document.write( "d. 20.94 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #122580 by </B><A HREF=/tutors/aboutme.mpl?userid=jojo14344><B>jojo14344(1513)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jojo14344><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=122580\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> </pre><font size=4><b><BR>\n" );
document.write( "Working eqn -----> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F=P%281%2B%28i%2Fm%29%29%5E%28mn%29 ALIGN=MIDDLE  ALT=\"F=P%281%2B%28i%2Fm%29%29%5E%28mn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "where ---<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=system%28F=face_value%2CP=principal%2Ci=interest%2Cm=many_times_compunded_per_year%2Cn=number_of_years%29 ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Continuing,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=8000=2400%281%2B%280.055%2F12%29%29%5E%2812%2An%29 ALIGN=MIDDLE  ALT=\"8000=2400%281%2B%280.055%2F12%29%29%5E%2812%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=8000=2400%281.0045833%29%5E%2812n%29 ALIGN=MIDDLE  ALT=\"8000=2400%281.0045833%29%5E%2812n%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=8000%2F2400=%28cross%282400%29%281.0045833%29%5E%2812n%29%29%2Fcross%282400%29 ALIGN=MIDDLE  ALT=\"8000%2F2400=%28cross%282400%29%281.0045833%29%5E%2812n%29%29%2Fcross%282400%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%288000%2F2400%29=12nlog%281.0045833%29 ALIGN=MIDDLE  ALT=\"log%288000%2F2400%29=12nlog%281.0045833%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.5228787=12n%281.985954x10%5E%28-3%29%29 ALIGN=MIDDLE  ALT=\"0.5228787=12n%281.985954x10%5E%28-3%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.5228787=0.0238314%28n%29 ALIGN=MIDDLE  ALT=\"0.5228787=0.0238314%28n%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.5228787%2F0.0238314=cross%280.0238314%29%28n%29%2Fcross%280.0238314%29 ALIGN=MIDDLE  ALT=\"0.5228787%2F0.0238314=cross%280.0238314%29%28n%29%2Fcross%280.0238314%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%28n=21.9407years%29 ALIGN=MIDDLE  ALT=\"highlight%28n=21.9407years%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > ----> ANSWER (b), close enough I guess<BR>\n" );
document.write( "Thank you,<BR>\n" );
document.write( "Jojo</pre> </SPAN>\n" );
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