document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=301767>Question 301767</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you deposit $1000 earned from your summer job in a savings account, paying 4.8% compounded annually. How much will you have in your account after 3 years? Write an equation to model the problem and then solve your equation for the given value. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #216410 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=216410\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+r)^t<BR>\n" );
document.write( "A=1000(1+.048)^3<BR>\n" );
document.write( "A=1000(1.151)<BR>\n" );
document.write( "A=$1151 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );