document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=413368>Question 413368</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose $150,000 is invested in an account that pays 6.75% annual interest, compounded monthly. <BR>\n" );
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document.write( "if no money is deposited or withdrawn, what will the balance be after 10 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #290109 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=290109\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=150000(1+0.0675/12)^12*10<BR>\n" );
document.write( "A=150000(1.005625)^120<BR>\n" );
document.write( "A=150000*1.96<BR>\n" );
document.write( "A=294,000 </SPAN>\n" );
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