document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=660904>Question 660904</A>: <I><SPAN STYLE=\"word-break: break-all;\"> please help me figure this out. Greatly appreciated!\r<BR>\n" );
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document.write( "an investment grows 5% per yr for 20 yrs. by what percent does it increase over the 20yr period? </SPAN>\n" );
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document.write( "an investment grows 5% per yr for 20 yrs. by what percent does it increase over the 20yr period?<BR>\n" );
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document.write( "Let initial value be \"x\".<BR>\n" );
document.write( "Each year the previous year's value is multiplied by 1.05<BR>\n" );
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document.write( "Value after 20 years: (1.05)^20 x = 2.6533x<BR>\n" );
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document.write( "% increase = 265.33%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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