document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=73863>Question 73863</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can you help me?  I need another question answered.<BR>\n" );
document.write( "Suppose you deposit $10,000 for 2 years at a rate of 10%. Calculate the return (A) if the bank compounds annually (n=1). Round your answer to the hundredth's place.\r<BR>\n" );
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document.write( "The formula for calculating the amount of money returned for an inital deposit money into a bank is\r<BR>\n" );
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document.write( "A = P (1 + r)nt<BR>\n" );
document.write( "           -<BR>\n" );
document.write( "           n<BR>\n" );
document.write( "Pleas help!! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #52851 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=52851\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose you deposit $10,000 for 2 years at a rate of 10%. Calculate the return (A) if the bank compounds annually (n=1). Round your answer to the hundredth's place.\r<BR>\n" );
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document.write( "The formula for calculating the amount of money returned for an inital deposit money into a bank is\r<BR>\n" );
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document.write( "A = P (1 + r/n)^(nt)<BR>\n" );
document.write( "A = 10000(1+0.10/1)(1*2)<BR>\n" );
document.write( "A = 10000(1.1)^2<BR>\n" );
document.write( "A = $12,100.00<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.           <BR>\n" );
document.write( " </SPAN>\n" );
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