document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=78038>Question 78038</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In 1999, 18.2 million households had a dvd player.  If this populaion grows at 25% annually, how many households will have a dvd player in 2004 (5 years later)?  A= P(1+r)^t\r<BR>\n" );
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document.write( "I got: 55.54 million.  Is this correct?<BR>\n" );
document.write( "Thanks~ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #55930 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=55930\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> In 1999, 18.2 million households had a dvd player.  If this populaion grows at 25% annually, how many households will have a dvd player in 2004 (5 years later)?  A= P(1+r)^t<BR>\n" );
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document.write( "A(5) = 18.2(1+0.25)^5<BR>\n" );
document.write( "A(5)= 18.2(3.05175...)<BR>\n" );
document.write( "A(5)= 55.54199... million<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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