document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=873869>Question 873869</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Not sure how to work this problem.  Any help would be appreciated.<BR>\n" );
document.write( "An item currently costing $20 is increasing in cost by 5% per year.  Write an equation to find the cost in n years.<BR>\n" );
document.write( "Thank you very much:)<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #527161 by </B><A HREF=/tutors/aboutme.mpl?userid=rothauserc><B>rothauserc(4718)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rothauserc><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=rothauserc><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=527161\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let C be the total cost in n years, then<BR>\n" );
document.write( "C = 20(1 + 0.05)^n<BR>\n" );
document.write( "Note that this equation comes from the following formula<BR>\n" );
document.write( "A = P(1 + r/n)^nt, A is accumulated amount, P is principle, r is rate, n is number of compounds per year, t is number of years\r<BR>\n" );
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