document.write( "Question 202873: Need help with finance. Please please help. Thank you so much.\r
\n" ); document.write( "\n" ); document.write( "To what amount will the following investments accumulate?\r
\n" ); document.write( "\n" ); document.write( "a. $5,000 invested for 10 years at 10 percent compounded annually
\n" ); document.write( "b. $8,000 invested for 7 years at 8 percent compounded annually
\n" ); document.write( "C. $775 invested for 12 years at 12 percent compounded annually
\n" ); document.write( "D. $21,000 invested for 5 years at 5 percent compounded annually
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Algebra.Com's Answer #153038 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
FV=P(1+r)^n
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\n" ); document.write( "a) 5000(1+.10)^10
\n" ); document.write( "5000(1.10)^10
\n" ); document.write( "5000*2.59734246=$12986.71
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\n" ); document.write( "b) 8000(1+.08)^7
\n" ); document.write( "8000(1.08)^7
\n" ); document.write( "8000*1.713824269=$13710.59
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\n" ); document.write( "The procedure is the same for the other two.
\n" ); document.write( "Give them a try.
\n" ); document.write( "Good luck.
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