document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=826503>Question 826503</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Liam invests £6200 for 3 years in a savings account. He gets 2.5% per annum compound interest. How much money will Liam have in his savings account at the end of 3 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #498104 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39616)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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=498104\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Compounded annually, so <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=I%281.025%29%5Et ALIGN=MIDDLE  ALT=\"P=I%281.025%29%5Et\"   DISABLED_style= \"max-width:90%; height:auto;\" >;<BR>\n" );
document.write( "P is balance at after time t,<BR>\n" );
document.write( "I is initial balance for t=0<BR>\n" );
document.write( "t is time in years\r<BR>\n" );
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document.write( "Let <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=3 ALIGN=MIDDLE  ALT=\"t=3\"   DISABLED_style= \"max-width:90%; height:auto;\" > and calculate P.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=6200%281.025%29%5E3 ALIGN=MIDDLE  ALT=\"P=6200%281.025%29%5E3\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=6678 ALIGN=MIDDLE  ALT=\"P=6678\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
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