document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=709475>Question 709475</A>: <I><SPAN STYLE=\"word-break: break-all;\"> George is contemplating the purchase of 100 shares of a stock selling for 19 dollars per share. The stock pays no dividends. The history of the stock indicates that it should grow at an annual rate of 18% per year. How much will the 100 shares of stock be worth in 6 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #436631 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley79><B>checkley79(3341)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley79><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=436631\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 100*19(1+.16)^6<BR>\n" );
document.write( "1,900*1.16^6<BR>\n" );
document.write( "1,900*2.4364=$4,629.15 ANS.<BR>\n" );
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