document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=965024>Question 965024</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Keith borrowed $8000 at a rate of 7.5%, compounded semiannually. Assuming he makes no payments, how much will he owe after 7 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #589807 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=589807\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Amount(1+rate/n periods)^n*time The periods are 2 in a year, so n=2<BR>\n" );
document.write( "800(1+.075/2)^2*7= debt<BR>\n" );
document.write( "800(1.674)= debt<BR>\n" );
document.write( "1,339.44= debt\r<BR>\n" );
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