document.write( "Question 942723: Find the interest, I, and the total amount, A, for 825 invested for 10 years at 4% APR, compounded annually. \n" ); document.write( "

Algebra.Com's Answer #574760 by Fombitz(32388) $\"\"$ $\"About$

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I'm assuming you mean 1 deposit of $825 and not $825 every year for 10 years,
\n" ); document.write( " $\"A=825%281%2B4%2F100%29%5E%2810%29\"$
\n" ); document.write( " $\"A=825%281.04%29%5E10\"$
\n" ); document.write( " $\"A=825%281.4802%29\"$
\n" ); document.write( " $\"A=1221.20\"$
\n" ); document.write( "So then,
\n" ); document.write( " $\"I=1221.20-825\"$
\n" ); document.write( " $\"I=396.20\"$
\n" ); document.write( " \n" ); document.write( "

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