document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=537749>Question 537749</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the account after 10 years? Round your answer to the nearest whole number. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #352992 by </B><A HREF=/tutors/aboutme.mpl?userid=TMils><B>TMils(8)</B></A><img src=\"/images/stars/stars-05.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=TMils><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=TMils><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=352992\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the account after 10 years? Round your answer to the nearest whole number.\r<BR>\n" );
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document.write( "A=Pe^rt<BR>\n" );
document.write( "P= princible (1300)<BR>\n" );
document.write( "e= (2.71828)- function on a graphing calculator<BR>\n" );
document.write( "r = interest rate (.05 or 5%)<BR>\n" );
document.write( "t = time (10 years)\r<BR>\n" );
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document.write( "A = 1300e^.05(10)<BR>\n" );
document.write( "A = 1300e^.5<BR>\n" );
document.write( "A = 2143.337652<BR>\n" );
document.write( "A = 2143\r<BR>\n" );
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document.write( " </SPAN>\n" );
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