document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=798532>Question 798532</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1)how much will 50,000 amount to in 1year and 8 months at 9%pa compounded annually\r<BR>\n" );
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document.write( "2)a sum of money was lent for 2 years at 20% compounded annually.if interest is compounded half yearly find the sum (take sum as 100 and find the interest  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #482278 by </B><A HREF=/tutors/aboutme.mpl?userid=Finavon><B>Finavon(81)</B></A><img src=\"/images/stars/stars-08.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Finavon><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=482278\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1) Interest after 1 year = 50000*.09 = 4500<BR>\n" );
document.write( "2nd period 8 months; pro rata <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=8%2F12+ ALIGN=MIDDLE  ALT=\"8%2F12+\"   DISABLED_style= \"max-width:90%; height:auto;\" > of 9% is 6%<BR>\n" );
document.write( "6% of 54500 is  3270<BR>\n" );
document.write( "Total interest is 7770<BR>\n" );
document.write( "Total 57770\r<BR>\n" );
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document.write( "2) rate for 2 years compounded annually is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.2%5E2+=+1.44+ ALIGN=MIDDLE  ALT=\"1.2%5E2+=+1.44+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "If compounded 6 monthly there are 4 intervals <BR>\n" );
document.write( "6 monthly rate R<BR>\n" );
document.write( "For same Rate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+1.44+=+%28+1+%2B+R%2F100%29%5E4+ ALIGN=MIDDLE  ALT=\"+1.44+=+%28+1+%2B+R%2F100%29%5E4+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Then <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+1.44%5E0.25+=+1+%2B+R%2F100+ ALIGN=MIDDLE  ALT=\"+1.44%5E0.25+=+1+%2B+R%2F100+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Rearrange <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+R+=+%281.44%5E0.25+-+1%29+%2A+100+ ALIGN=MIDDLE  ALT=\"+R+=+%281.44%5E0.25+-+1%29+%2A+100+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "= (1.0954 -1 ) * 100<BR>\n" );
document.write( "= 9.54 % each interval<BR>\n" );
document.write( "Check <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.0954%5E4+=+1.44 ALIGN=MIDDLE  ALT=\"1.0954%5E4+=+1.44\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
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