document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1000523>Question 1000523</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Use the compound interest formula to determine the interest earned in the given period.<BR>\n" );
document.write( "P=$4000 at 6.5% compounded annually for 8 years<BR>\n" );
document.write( "Please explain, thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #617950 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=617950\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=4000(1.065)^8<BR>\n" );
document.write( "FV=4000(1.655)<BR>\n" );
document.write( "FV=10956.00<BR>\n" );
document.write( "-------<BR>\n" );
document.write( "10956-4000=6956 interest </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );