document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=177215>Question 177215</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Question 1-- Use contionous Interest Formula to find indicated value.<BR>\n" );
document.write( "P=8,000<BR>\n" );
document.write( "R=7.23%<BR>\n" );
document.write( "T= 7years<BR>\n" );
document.write( "Solve this for A\r<BR>\n" );
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document.write( "Ouestion 2-- A company pays 4% compound semiannually. You want to have 24,000 in the future. How much should you deposit now to have the 24,000 5 years from now.\r<BR>\n" );
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document.write( "Ouestion 3-- How much will 9,000 be worth 18years if it is investee at 7.5% compounded quartely.\r<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 #132289 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=132289\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Question 1-- Use contionous Interest Formula to find indicated value.<BR>\n" );
document.write( "P=8,000<BR>\n" );
document.write( "R=7.23%<BR>\n" );
document.write( "T= 7years<BR>\n" );
document.write( "Solve this for A <BR>\n" );
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document.write( "A(t) = P*e^(rt)<BR>\n" );
document.write( "A(7) = 8000*e^(0.0723*7)<BR>\n" );
document.write( "A(7) = $13,270.47<BR>\n" );
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document.write( "Ouestion 2-- A company pays 4% compound semiannually. You want to have 24,000 in the future. How much should you deposit now to have the 24,000 5 years from now. <BR>\n" );
document.write( "A(t) = P(1+(r/n))^(nt)<BR>\n" );
document.write( "24000 = P(1 + (0.04/2))^(2*5)<BR>\n" );
document.write( "24000 = P(1.02)^10<BR>\n" );
document.write( "P = 24000/1.02^10<BR>\n" );
document.write( "P = $19688.36<BR>\n" );
document.write( "====================\r<BR>\n" );
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document.write( "Ouestion 3-- How much will 9,000 be worth 18years if it is invested at 7.5% compounded quarterly.<BR>\n" );
document.write( "A(18) = 9000(1+(0.075/4))^(4*18)<BR>\n" );
document.write( "A(18) = 9000*(1.01875)^(72)<BR>\n" );
document.write( "A(18) = $34285.56<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. <BR>\n" );
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