document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=176758>Question 176758</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone please, please help me with this problem:\r<BR>\n" );
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document.write( "What amount of cash would result at the end of one year, if $17,000 is invested today and the rate of return is 10%?\r<BR>\n" );
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document.write( "a. $17,000<BR>\n" );
document.write( "b. $18,530<BR>\n" );
document.write( "c. $18,700<BR>\n" );
document.write( "d. none of the above </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #131832 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=131832\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> What amount of cash would result at the end of one year, if $17,000 is invested today and the rate of return is 10%? <BR>\n" );
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document.write( "A = P(1 + rt)<BR>\n" );
document.write( "Amount = 17000(1 + 0.1*1)<BR>\n" );
document.write( "Amount = 17000(1.1) = 18.700<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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