document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=625116>Question 625116</A>: <I><SPAN STYLE=\"word-break: break-all;\"> how much money should be deposited today in an account that earns 3% compounded annually so that it will accumulate to $11,000 in three years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #393311 by </B><A HREF=/tutors/aboutme.mpl?userid=oscargut><B>oscargut(2103)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=oscargut><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=oscargut><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=393311\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> We need to find A where\r<BR>\n" );
document.write( "\n" );
document.write( "A(1.03)^3 = 11000\r<BR>\n" );
document.write( "\n" );
document.write( "Answer: A = 10066.56 (rounded to the nearest cent)\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );