document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=472077>Question 472077</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I invested $200 a month for 18 years at 5.5% interest compounded semiannually.  What will be the total amount saved at the end of the 18 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #323686 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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=323686\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%281%2Br%2Fn%29%5E%28n%2At%29 ALIGN=MIDDLE  ALT=\"A=P%281%2Br%2Fn%29%5E%28n%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the compound interest formula\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200%281%2B0.055%2F2%29%5E%282%2A18%29 ALIGN=MIDDLE  ALT=\"A=200%281%2B0.055%2F2%29%5E%282%2A18%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=200 ALIGN=MIDDLE  ALT=\"P=200\"   DISABLED_style= \"max-width:90%; height:auto;\" > (the amount invested), <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.055 ALIGN=MIDDLE  ALT=\"r=0.055\"   DISABLED_style= \"max-width:90%; height:auto;\" > (the decimal equivalent of 5.5%), <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=2 ALIGN=MIDDLE  ALT=\"n=2\"   DISABLED_style= \"max-width:90%; height:auto;\" > (since interest is compounded semiannually)  and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=18 ALIGN=MIDDLE  ALT=\"t=18\"   DISABLED_style= \"max-width:90%; height:auto;\" > (18 years).\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200%281%2B0.0275%29%5E%282%2A18%29 ALIGN=MIDDLE  ALT=\"A=200%281%2B0.0275%29%5E%282%2A18%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.055%2F2 ALIGN=MIDDLE  ALT=\"0.055%2F2\"   DISABLED_style= \"max-width:90%; height:auto;\" >} to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.0275 ALIGN=MIDDLE  ALT=\"0.0275\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200%281.0275%29%5E%282%2A18%29 ALIGN=MIDDLE  ALT=\"A=200%281.0275%29%5E%282%2A18%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Add <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1 ALIGN=MIDDLE  ALT=\"1\"   DISABLED_style= \"max-width:90%; height:auto;\" > to <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.0275 ALIGN=MIDDLE  ALT=\"0.0275\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.0275 ALIGN=MIDDLE  ALT=\"1.0275\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200%281.0275%29%5E%2836%29 ALIGN=MIDDLE  ALT=\"A=200%281.0275%29%5E%2836%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=18 ALIGN=MIDDLE  ALT=\"18\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=36 ALIGN=MIDDLE  ALT=\"36\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200%282.65549751736566%29 ALIGN=MIDDLE  ALT=\"A=200%282.65549751736566%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281.0275%29%5E%2836%29 ALIGN=MIDDLE  ALT=\"%281.0275%29%5E%2836%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2.65549751736566 ALIGN=MIDDLE  ALT=\"2.65549751736566\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=531.099503473132 ALIGN=MIDDLE  ALT=\"A=531.099503473132\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200 ALIGN=MIDDLE  ALT=\"200\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2.65549751736566 ALIGN=MIDDLE  ALT=\"2.65549751736566\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=531.099503473132 ALIGN=MIDDLE  ALT=\"531.099503473132\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=531.10 ALIGN=MIDDLE  ALT=\"A=531.10\"   DISABLED_style= \"max-width:90%; height:auto;\" > Round to the nearest hundredth (ie to the nearest penny).\r<BR>\n" );
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document.write( "So there will be $531.10 in the account. </SPAN>\n" );
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