document.write( "Question 312828: $775 invested for 12 years at 12 percent compounded annually
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Algebra.Com's Answer #223676 by nerdybill(7384)\"\" \"About 
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$775 invested for 12 years at 12 percent compounded annually
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\n" ); document.write( "\"+A+=+P%281%2Br%2Fn%29%5E%28nt%29+\"
\n" ); document.write( "where
\n" ); document.write( "A is amount after t time
\n" ); document.write( "P is initial amount
\n" ); document.write( "r is rate
\n" ); document.write( "n is number of times compounded in a year
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\n" ); document.write( "Since it's compounded annually n is 1
\n" ); document.write( "\"+A+=+P%281%2Br%29%5Et+\"
\n" ); document.write( "Plug in the given numbers:
\n" ); document.write( "\"+A+=+775%281%2B.12%29%5E12+\"
\n" ); document.write( "\"+A+=+775%281.12%29%5E12+\"
\n" ); document.write( "\"+A+=+775%283.895976%29+\"
\n" ); document.write( "\"+A+=+3019.38+\" (dollars)
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