document.write( "Question 596990: One thousand dollars is invested at 8% interest compounded annually. Determine how much the investment is worth after 1 year. \n" ); document.write( "
Algebra.Com's Answer #377974 by jim_thompson5910(35256)\"\" \"About 
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\"A+=+P%281+%2B+r%2Fn%29%5E%28nt%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10000%281+%2B+0.08%2F1%29%5E%281%2A1%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10000%281+%2B+0.08%29%5E%281%2A1%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10000%281+%2B+0.08%29%5E1\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10000%281.08%29%5E1\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10000%281.08%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"A+=+10800\"\r
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\n" ); document.write( "\n" ); document.write( "So after one year, you'll have $10,800 in the account.
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