document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=971915>Question 971915</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A principal of $4200 is invested at 8% interest, compounded annually. How much will the investment be worth after 9 years? Use the calculator provided and round your answer to the nearest dollar. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #594331 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=594331\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P{1+ r/t)}^nt   t= compounding per year; nt= total compoundings\r<BR>\n" );
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document.write( "A=4200{1+.08)^9<BR>\n" );
document.write( "=4200* (1.08^9)<BR>\n" );
document.write( "=$8395.82<BR>\n" );
document.write( "=$8396<BR>\n" );
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