document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=971666>Question 971666</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A man invests $5000 for three years at 10% compounded annually.<BR>\n" );
document.write( "a) what is the future value?<BR>\n" );
document.write( "b) how much interest will be earned?\r<BR>\n" );
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document.write( "thank you for your help </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #594065 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=594065\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%5B1%2B%28r%2Fn%29%5D%5Ent ALIGN=MIDDLE  ALT=\"A=P%5B1%2B%28r%2Fn%29%5D%5Ent\"   DISABLED_style= \"max-width:90%; height:auto;\" >  \r<BR>\n" );
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document.write( "r=0.1, n=1, t=3\r<BR>\n" );
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document.write( "A=5000*{1+.1)^3\r<BR>\n" );
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document.write( "A=5000*(1.331)=$6655 (future value)<BR>\n" );
document.write( "interest earned is 6655-5000 (start)=$1655\r<BR>\n" );
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