document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977771>Question 977771</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Manually calculate the compound interest on an investment of $7,500 at 6% interest, compounded semiannually, for 1 year.<BR>\n" );
document.write( " 	a. $7,956.75	<BR>\n" );
document.write( "	b. $456.75	<BR>\n" );
document.write( "	c. $450.00	<BR>\n" );
document.write( "	d. $7,950.00 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #599317 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599317\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Manually calculate the compound interest on an investment of $7,500 at 6% interest, compounded semiannually, for 1 year.<BR>\n" );
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document.write( "6% per year = 3% per period = 0.03/period<BR>\n" );
document.write( "Doing it manually doesn't mean having someone do it for you.<BR>\n" );
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document.write( "7500*1.03 = AMT1<BR>\n" );
document.write( "AMT1*1.03 = AMT2 for 1 year.<BR>\n" );
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document.write( " </SPAN>\n" );
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