document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=237554>Question 237554</A>: <I><SPAN STYLE=\"word-break: break-all;\"> another question for y'all\r<BR>\n" );
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document.write( "suppose you invest $5000 into an interest-bearing account which compounds at 3% every month.  How much will you have in your account at the end of 7 years?  I have to use this formula>> S=P(1+r/n)nt-th power.  please help and need back asap and if you could show the steps it would be greatly appreciated </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #174685 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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=174685\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=p%281%2Br%2Fn%29%5E%28n%2At%29 ALIGN=MIDDLE  ALT=\"A=p%281%2Br%2Fn%29%5E%28n%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the compound interest formula\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=5000%281%2B0.03%2F12%29%5E%2812%2A7%29 ALIGN=MIDDLE  ALT=\"A=5000%281%2B0.03%2F12%29%5E%2812%2A7%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in p=5000, r=0.03 (this is the decimal form of 3% interest), n=12, and t=7\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=5000%281%2B0.0025%29%5E%2812%2A7%29 ALIGN=MIDDLE  ALT=\"A=5000%281%2B0.0025%29%5E%2812%2A7%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Divide 0.03 by 12 to get 0.0025\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=5000%281%2B0.0025%29%5E%2884%29 ALIGN=MIDDLE  ALT=\"A=5000%281%2B0.0025%29%5E%2884%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply the exponents 12 and 7 to get 84\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=5000%281.0025%29%5E%2884%29 ALIGN=MIDDLE  ALT=\"A=5000%281.0025%29%5E%2884%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Add 1 and 0.0025 to get 1.0025\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=5000%281.23335480054924%29 ALIGN=MIDDLE  ALT=\"A=5000%281.23335480054924%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Raise 1.0025 to the 84 th power to get 1.23335480054924\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=6166.77400274618 ALIGN=MIDDLE  ALT=\"A=6166.77400274618\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply 5000 and 1.23335480054924 to get 6166.77400274618\r<BR>\n" );
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document.write( "So if you invest $5,000 at an interest rate of 3%, which is compounded 12 times a year for 7 years,  the return is about $6,166.77 (which is rounded to the nearest cent) </SPAN>\n" );
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