document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=584089>Question 584089</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How would you calculate this problem in simple interest form made a deposit of $2,000 into an account on August 1 that yields 2% interest compounded annually. How much money will be in that account at the end of 5 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #372678 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=372678\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1.02)^5<BR>\n" );
document.write( "A=2000(1.02)^5<BR>\n" );
document.write( "A=2000*1.104<BR>\n" );
document.write( "A=$2208.00 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );