document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=756249>Question 756249</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much interest is earned for the investment? $20,000 for 2 years at 5% compounded annually. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #460056 by </B><A HREF=/tutors/aboutme.mpl?userid=Tsid><B>Tsid(1)</B></A><img src=\"/images/stars/iconNewId_16x16.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Tsid><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=Tsid><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=460056\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> How much interest is earned for the investment? $20,000 for 2 years at 5% compounded annually.\r<BR>\n" );
document.write( "\n" );
document.write( "Ans=<BR>\n" );
document.write( "By formulae,\r<BR>\n" );
document.write( "\n" );
document.write( "P= ($ x time x %)/ 100<BR>\n" );
document.write( "  = (20000 x 2 x 5)/ 100<BR>\n" );
document.write( "  = 200 x 10<BR>\n" );
document.write( "  = 2000<BR>\n" );
document.write( "interest is $2000 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );