document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=472653>Question 472653</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Interest Homework APR<BR>\n" );
document.write( "Find the amount of compound interest earned in an account that opens with $27,000, earns 6.4% interest compounded daily, and is held for 25 years. Assume 360 days in a year. (Round your answer to the nearest cent.)<BR>\n" );
document.write( "This is the only problem that I cannot get right on my homework assignment. I would appreciate it very much if someone can help me solve it. Thanks again! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #324028 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><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=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=324028\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Balance:  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=B+=+27000%281%2B0.064%2F360%29%5E%28360%2A25%29+=+27000%281.000177778%29%5E9000+=+133713.13 ALIGN=MIDDLE  ALT=\"B+=+27000%281%2B0.064%2F360%29%5E%28360%2A25%29+=+27000%281.000177778%29%5E9000+=+133713.13\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "==> Amount of interest earned is 133,713.13 - 27,000 = 106,713.13. </SPAN>\n" );
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