document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=272954>Question 272954</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you invest $10,000 at 5.5% for 20 years.Find the future value if:\r<BR>\n" );
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document.write( "the interest is compounded monthly </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #199498 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=199498\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 10,000(1+.055/12)^(12*20)<BR>\n" );
document.write( "10,000(1+.0045833)^240<BR>\n" );
document.write( "10,000*1.0045833^240<BR>\n" );
document.write( "10,000*2.9966=$29,966.02 ans. </SPAN>\n" );
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