document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=325051>Question 325051</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $20,000 is invested at 16% per year for 3 months. How much interest is earned on the investment?\r<BR>\n" );
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document.write( "I've tried 16% divided by 12 = 1 4/12 *3 = 2 1/3 is that right? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #232779 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=232779\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=20000(1+.16/12)^3<BR>\n" );
document.write( "A=20000(1+0.01333)^3<BR>\n" );
document.write( "A=20000*1.04<BR>\n" );
document.write( "A=20800<BR>\n" );
document.write( "20800-20000=$800 </SPAN>\n" );
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