document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=250014>Question 250014</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the amount of an annuity that consists of 10 annual payments of $1000 each into an account that pays 6% interest per year </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #182013 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=182013\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=P((1+i)^n-1)/i<BR>\n" );
document.write( "FV=1000((1.06)^10-1)/.06<BR>\n" );
document.write( "FV=1000((1.79)-1)/.06<BR>\n" );
document.write( "FV=790/.06<BR>\n" );
document.write( "FV=$13,166.67 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );