document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=968008>Question 968008</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #591612 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=591612\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)<BR>\n" );
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document.write( "Note:: The \"given # of years\" was not given.<BR>\n" );
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document.write( "Assuming that number was 5 you would get:<BR>\n" );
document.write( "A(5) = 10,000(1+(0.02/2))^(2*5)<BR>\n" );
document.write( "A(5) = 10,000(1.01)^10 = $11046.22<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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