document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=538442>Question 538442</A>: <I><SPAN STYLE=\"word-break: break-all;\"> three hundred years ago your ancestor invested 1$ for you at 4.5% compounded monthly. HOw much is it worth now and what if she had invested it at 5% also compounded monthly </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #353185 by </B><A HREF=/tutors/aboutme.mpl?userid=solver91311><B>solver91311(24713)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=solver91311><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=solver91311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=353185\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\">\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Compounded Monthly:\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ P\left(1\ +\ \frac{r}{12}\right)^{12t}\">\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Where <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE A\"> is the value now, <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE P\"> is the value of the initial investment, <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE r\"> is the interest rate expressed as a decimal (the given percentage divided by 100), and <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE t\"> is the number of years of the investment.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Just plug in the numbers and do the arithmetic.  Hint:  The \"x^y\" button is handy for raising somethig to the 3600th power.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi} + 1 = 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it<BR>\n" );
document.write( "<div  DISABLED_style= \"text-align:center\"><a  rel=nofollow HREF=\"http://outcampaign.org/\" target=\"_blank\"><IMG STYLE=\"max-width:80%;\" src=\"http://cdn.cloudfiles.mosso.com/c116811/scarlet_A.png\" border=\"0\" alt=\"The Out Campaign: Scarlet Letter of Atheism\" width=\"143\" height=\"122\" /></a></div><BR>\n" );
document.write( "</font> </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );