document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=201892>Question 201892</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please Help:<BR>\n" );
document.write( "Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.\r<BR>\n" );
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document.write( "R = $900, i = 7% interest compounded semiannually for 10 years.\r<BR>\n" );
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document.write( " A) $23,637.33<BR>\n" );
document.write( " B) $23,721.46<BR>\n" );
document.write( " C) $25,451.71<BR>\n" );
document.write( " D) $51,166.00<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 #152195 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=152195\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> R = $900, i = 7% interest compounded semiannually for 10 years.<BR>\n" );
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document.write( "A(t) = P(1 + (r/n))^(nt)<BR>\n" );
document.write( "A(10) = 900(1 + (0.07/2))^(2*10)<BR>\n" );
document.write( "A(10) = 900(1.035)^(20)<BR>\n" );
document.write( "A(10) = 900*1.9897888...<BR>\n" );
document.write( "A(10) = $1790.81<BR>\n" );
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document.write( "Comment:<BR>\n" );
document.write( "You may have a typo in the posted problem.<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.\r<BR>\n" );
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document.write( " <BR>\n" );
document.write( "A) $23,637.33<BR>\n" );
document.write( "B) $23,721.46<BR>\n" );
document.write( "C) $25,451.71<BR>\n" );
document.write( "D) $51,166.00<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );