document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=620216>Question 620216</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a guy leaves £18,000 in the bank for 6 years!, he get 5% interest every year? what is the answer to this? with one calculation. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #390025 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=390025\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a guy leaves £18,000 in the bank for 6 years!, he get 5% interest every year? what is the answer to this?<BR>\n" );
document.write( "The answer depends on the question.<BR>\n" );
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document.write( " with one calculation.<BR>\n" );
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document.write( "If you want to know the balance, and if it's compounded annually (other options can be used):<BR>\n" );
document.write( "FV = PV*(1 + 0.5)^6<BR>\n" );
document.write( "FV = 18000*(1.05)^6<BR>\n" );
document.write( "FV =~ 24121.72 </SPAN>\n" );
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