document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=203888>Question 203888</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone help me with this problem:\r<BR>\n" );
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document.write( "Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.\r<BR>\n" );
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document.write( "$23,749 for 107 days; money earns 8.5% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #153815 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=153815\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Tahoma\" szie=1.5><BR>\n" );
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document.write( "Given: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=system%28F=23749%2Ci=0.085%2Cn=107%2F365%2C+highlight%28m=1%29%29 ALIGN=MIDDLE  ALT=\"system%28F=23749%2Ci=0.085%2Cn=107%2F365%2C+highlight%28m=1%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "*See highlighted, since it is not given how many times it is compunded in a year, we'll based compounded annually.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F=P%281%2Bi%2Fm%29%5E%28mn%29 ALIGN=MIDDLE  ALT=\"F=P%281%2Bi%2Fm%29%5E%28mn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > ---> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F%2F%281%2Bi%2Fm%29%5E%28mn%29+=P%2Across%28%281%2Bi%2Fm%29%5E%28mn%29%29%2Fcross%28%281%2Bi%2Fm%29%5E%28mn%29%29 ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=F%281%2Bi%2Fm%29%5E%28-mn%29=23749%281%2B0.085%2F1%29%5E%28-1%2A%28107%2F365%29%29=23749%281.085%29%5E%28-107%2F365%29%29=23749%2A0.9763684 ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<font color=blue>P = $23,187.80</font> (Answer)\r<BR>\n" );
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document.write( "Thank you,<BR>\n" );
document.write( "Jojo</font>\r<BR>\n" );
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