document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=387297>Question 387297</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the difference between the compound interest and simple interest on a sum of $50,000 at 10% p.a for 2 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #273770 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=273770\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=Prt<BR>\n" );
document.write( "I=50000*0.1*2<BR>\n" );
document.write( "I=10000<BR>\n" );
document.write( "----------------<BR>\n" );
document.write( "A=P(1+0.1)^2<BR>\n" );
document.write( "A=50000*1.21<BR>\n" );
document.write( "A=60500<BR>\n" );
document.write( "----------------<BR>\n" );
document.write( "$500 difference, more compounded </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );