document.write( "Question 616623: I'm drawing a total blank on how to do this. Could someone help me and explain it. Thank you for your help. I can't remember how to figure compound interest.\r
\n" ); document.write( "\n" ); document.write( "On your birthday, you deposit $600.00 in an account that pays 5% interest, compounded annually. How much is in the account 9 years later?
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Algebra.Com's Answer #387794 by ewatrrr(24785)\"\" \"About 
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\n" ); document.write( "Hi,
\n" ); document.write( "In General \"A+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "A = Accumulated Amount
\n" ); document.write( "P= principal = 600
\n" ); document.write( "r= annual rate = .05
\n" ); document.write( "n= periods per year = 1
\n" ); document.write( "t= years = 9
\n" ); document.write( " A = 600(1.05)^9 \n" ); document.write( "
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