document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=85622>Question 85622</A>: <I><SPAN STYLE=\"word-break: break-all;\"> YOU CAN DEPOSIT $ 1,000 INTO AN ACCOUNT PAYING 10 % ANNUAL INTEREST EITHER TODAY OR EXACTLY 10 YRS FROM TODY . HOW MUCH BETTER OFF WILL YOU BE AT THE END OF 40 YRS IF YOU DECIDE TO MAKE THE INITIAL DEPOSIT TODAY RATHER THAN 10 YRS HENCE ? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #61916 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=61916\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Value = 1000(1+0.10)^10<BR>\n" );
document.write( "Value = 1000(2.59)<BR>\n" );
document.write( "Value = $2590.00 if the money is deposited now and compounded over 10 years.<BR>\n" );
document.write( "============<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );