document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977776>Question 977776</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you wish to have $16,500 in 2 years. Use the present value formula to find how much you should invest now at 8% interest, compounded semiannually in order to have $16,500, 2 years from now. Then calculate the amount of interest.<BR>\n" );
document.write( " 	a. $14,104.27	<BR>\n" );
document.write( "	b. $2,353.89	<BR>\n" );
document.write( "	c. $14,146.11	<BR>\n" );
document.write( "	d. $2,395.80	 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #599309 by </B><A HREF=/tutors/aboutme.mpl?userid=richwmiller><B>richwmiller(17219)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=richwmiller><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=richwmiller><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599309\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 14,104.27	 </SPAN>\n" );
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