document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=730528>Question 730528</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Norm invested $7500 in a certificate that will pay him 7% compound interest per year. What will the value of his investment be in 3 years?\r<BR>\n" );
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document.write( "I am coming up with 8586.75. Is that right? Please show work. Thanks. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #446733 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=446733\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=7500(1.07)^3<BR>\n" );
document.write( "FV=7500*1.225<BR>\n" );
document.write( "FV=$9187.50 </SPAN>\n" );
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