document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=314329>Question 314329</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Solve the problem.\r<BR>\n" );
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document.write( "If $1250 is invested at a rate of 8% compounded monthly, what is the balance after 10 years? <BR>\n" );
document.write( "[A = P(1 + i)n]\r<BR>\n" );
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document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #224692 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=224692\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+r/n)^n*t<BR>\n" );
document.write( "A=1250(1+.08/12)^12*10<BR>\n" );
document.write( "A=1250(1.00667)^120<BR>\n" );
document.write( "A=1250*2.22<BR>\n" );
document.write( "A=$2775 </SPAN>\n" );
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