document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=742536>Question 742536</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If an investment earns 9% compounded continuously, how much should you deposit now to have 25,000<BR>\n" );
document.write( "(A) 36 months from now?         (B) 9 years from now?\r<BR>\n" );
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document.write( "I'm sorry if this has already been answered, but I couldn't find a similar problem...<BR>\n" );
document.write( "Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #452542 by </B><A HREF=/tutors/aboutme.mpl?userid=fcabanski><B>fcabanski(1391)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fcabanski><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=452542\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Is the interest rate an annual rate?<P><BR>\n" );
document.write( "The formula for compound interest is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%2Ae%5Ert ALIGN=MIDDLE  ALT=\"A=P%2Ae%5Ert\"   DISABLED_style= \"max-width:90%; height:auto;\" > where P is principal amount, r is the annual rate, t is the time in years, A is the amount after that time, and e is the constant approx. 2.71828183<P><BR>\n" );
document.write( "To find P...apply some algebra:  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%2F%28e%5Ert%29+=+P ALIGN=MIDDLE  ALT=\"A%2F%28e%5Ert%29+=+P\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A.  36 months is 3 years.  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=25000%2F%28e%5E%28.09%2A3%29%29 ALIGN=MIDDLE  ALT=\"25000%2F%28e%5E%28.09%2A3%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >=  $19,084.49<P><BR>\n" );
document.write( "B. 9 years:  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=25000%2F%28e%5E%28.09%2A9%29%29 ALIGN=MIDDLE  ALT=\"25000%2F%28e%5E%28.09%2A9%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = $11,121.45 </SPAN>\n" );
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