document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=454898>Question 454898</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can you show me step by step how to solve this equation?\r<BR>\n" );
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document.write( "You deposit $1000 into a savings account in which the intrest is  compounded anuualy at a rate of 5%.\r<BR>\n" );
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document.write( "What is the pricipal after 5 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #312299 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=312299\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find Amount										<BR>\n" );
document.write( "Principal P =	1000									<BR>\n" );
document.write( "Amount=	A									<BR>\n" );
document.write( "years=n	5.00									<BR>\n" );
document.write( "compounded	1,times a year		t						<BR>\n" );
document.write( "Rate =	5.00,=0.05						<BR>\n" );
document.write( "Amount =	P*((n+r)/n)^n*t						<BR>\n" );
document.write( "Amount =	1000*(1+	0.05)^5*	1<BR>\n" );
document.write( "Amount =	1000*(1+	0.05)^5			<BR>\n" );
document.write( "1000*(1.05)^5*1<BR>\n" );
document.write( "Amount =	$1276.28									<BR>\n" );
document.write( " </SPAN>\n" );
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