document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=50622>Question 50622</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Simplify the expression completly: (12m + 4n)+(3m+7n)?<BR>\n" );
document.write( " If you had 450 dollars in your bank account that pays interest at 3% annually how much will you have after 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 #33691 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=33691\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Simplify the expression completly: (12m + 4n)+(3m+7n)?<BR>\n" );
document.write( "=15m+11n<BR>\n" );
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document.write( "If you had 450 dollars in your bank account that pays interest at 3% annually how much will you have after 2 years?\r<BR>\n" );
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document.write( "Simple interest formula Amount = Principle + Principle*rate*time= P(1+rt)<BR>\n" );
document.write( "Your problem: Amount = 450(1+(0.03)2)= 450(1+0.06)=$477.00<BR>\n" );
document.write( "If the bank pays compound interest the formula is A=P(1+r)^2<BR>\n" );
document.write( "Your problem: Amount = 450(1+0.03)^2= $477.41<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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