document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=815266>Question 815266</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose $2500 is invested at a rate of 7% per year compounded monthly. (round answer to the nearest cent.)\r<BR>\n" );
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document.write( "Find the principal after 1 month<BR>\n" );
document.write( "Find the principal after 6 months<BR>\n" );
document.write( "Find the principal after 1 year<BR>\n" );
document.write( "Find the principal after 20 years\r<BR>\n" );
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document.write( "Im stuck at this point<BR>\n" );
document.write( "1000(1+0.07/12)^12t=<BR>\n" );
document.write( "I dont know how to get the answer from this point on.\r<BR>\n" );
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document.write( "Thank you!<BR>\n" );
document.write( "Pamela </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #490826 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10552)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=490826\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "Suppose $2500 is invested at a rate of 7% per year compounded monthly. (round answer to the nearest cent.)\r<BR>\n" );
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document.write( "Find the principal after 1 month<BR>\n" );
document.write( "Find the principal after 6 months<BR>\n" );
document.write( "Find the principal after 1 year<BR>\n" );
document.write( "Find the principal after 20 years\r<BR>\n" );
document.write( "\n" );
document.write( "Im stuck at this point<BR>\n" );
document.write( "1000(1+0.07/12)^12t=<BR>\n" );
document.write( "I dont know how to get the answer from this point on.\r<BR>\n" );
document.write( "\n" );
document.write( "Thank you!<BR>\n" );
document.write( "Pamela\r<BR>\n" );
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document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\"><BR>\n" );
document.write( "Where did $1,000 come from? Isn't the principal $2,500?<BR>\n" );
document.write( "Anyway, it should be: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+2500%281+%2B+.07%2F12%29%5E%2812t%29 ALIGN=MIDDLE  ALT=\"A+=+2500%281+%2B+.07%2F12%29%5E%2812t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >, with A being accumulated amount after the stated time period, and t<BR>\n" );
document.write( "being the time, in years, or <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1%2F12 ALIGN=MIDDLE  ALT=\"1%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "So, for 1 month, we have: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28A+=+2500%281+%2B+.07%2F12%29%5E%2812+%2A+%281%2F12%29%29%29 ALIGN=MIDDLE  ALT=\"highlight_green%28A+=+2500%281+%2B+.07%2F12%29%5E%2812+%2A+%281%2F12%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >, or <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2514.583333 ALIGN=MIDDLE  ALT=\"2514.583333\"   DISABLED_style= \"max-width:90%; height:auto;\" > &#8776; $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%282514.58%29 ALIGN=MIDDLE  ALT=\"highlight_green%282514.58%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Apply the same concept to the others\r<BR>\n" );
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document.write( "You can do the check!! \r<BR>\n" );
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document.write( "Send comments, “thank-yous,” and inquiries to “D” at MathMadEzy@aol.com.<BR>\n" );
document.write( "Further help is available, online or in-person,for a fee, obviously. \r<BR>\n" );
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document.write( "For FREE info and answers to questions about the ASVAB exam, the NYS 3 – 8 city/state wide exams, <BR>\n" );
document.write( "GENERAL MATH QUESTIONS, MATH HOMEWORK QUESTIONS, or MATH QUESTIONS related to the Regents Integrated Algebra,<BR>\n" );
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document.write( "and the GED, you can visit: http://asvabstudyzone.freeforums.net/. </SPAN>\n" );
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