document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=857721>Question 857721</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you invest $1000 in a savings account that pays 2.5% annual interst. How much will be in the account after 5 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #516796 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=516796\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Interest = P * N * r\r<BR>\n" );
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document.write( "P = principal<BR>\n" );
document.write( "n = number of years<BR>\n" );
document.write( "r = rate of interest\r<BR>\n" );
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document.write( "P=1000<BR>\n" );
document.write( "n= 5 years<BR>\n" );
document.write( "r= 2.5% = 0.025\r<BR>\n" );
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document.write( "Interest = 1000 * 5 *0.025<BR>\n" );
document.write( "=125\r<BR>\n" );
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document.write( "Amount = principal + interest\r<BR>\n" );
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document.write( "= 1000 +125\r<BR>\n" );
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document.write( "= $1125  after 5 years </SPAN>\n" );
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