document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=85608>Question 85608</A>: <I><SPAN STYLE=\"word-break: break-all;\"> can someone please explain this problem to me thanks:\r<BR>\n" );
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document.write( "Investments Suppose $10,000 is invested at an annual rate<BR>\n" );
document.write( "of 5% for 10 years. Find the future value if interest is compounded<BR>\n" );
document.write( "as follows.<BR>\n" );
document.write( "a. Annually <BR>\n" );
document.write( "b. Quarterly<BR>\n" );
document.write( "c. Monthly <BR>\n" );
document.write( "d. Daily (365 days)<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #62060 by </B><A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><B>ankor@dixie-net.com(22740)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><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=ankor@dixie-net.com><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=62060\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Investments Suppose $10,000 is invested at an annual rate<BR>\n" );
document.write( "of 5% for 10 years. Find the future value if interest is compounded<BR>\n" );
document.write( "as follows.<BR>\n" );
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document.write( "Learn the compound interest formula:<BR>\n" );
document.write( "A = P<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281%2B%28r%2Fn%29%29%5Ent ALIGN=MIDDLE  ALT=\"%281%2B%28r%2Fn%29%29%5Ent\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Where: A = Final value; P=amt invested; r = interest rate in decimals; n = number of times compounded per year; t = time in years<BR>\n" );
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document.write( "In this problem; P = 10000; r = .05; t = 10 yr<BR>\n" );
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document.write( "a. Annually: n = 1<BR>\n" );
document.write( "A = 10000<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281%2B%28.05%2F1%29%29%5E%2810%2A1%29 ALIGN=MIDDLE  ALT=\"%281%2B%28.05%2F1%29%29%5E%2810%2A1%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = 10000*<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281.05%29%5E10 ALIGN=MIDDLE  ALT=\"%281.05%29%5E10\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = 10000 * 1.62889; find (1.05)^10 with good calc<BR>\n" );
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document.write( "A = 16,288.94 value in 10 yrs compounded annually<BR>\n" );
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document.write( "b. Quarterly n = 4<BR>\n" );
document.write( "A = 10000<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281%2B%28.05%2F4%29%29%5E%2810%2A4%29 ALIGN=MIDDLE  ALT=\"%281%2B%28.05%2F4%29%29%5E%2810%2A4%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = 10000<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281%2B.0125%29%5E40 ALIGN=MIDDLE  ALT=\"%281%2B.0125%29%5E40\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = 10000*<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%281.0125%29%5E40 ALIGN=MIDDLE  ALT=\"%281.0125%29%5E40\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = 10000 * 1.64362; <BR>\n" );
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document.write( "A = 16436.19 value in 10 yrs compounded quarterly<BR>\n" );
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document.write( "See if you can do the last two, using the first two as examples<BR>\n" );
document.write( "c. Monthly; n = 12<BR>\n" );
document.write( "d. Daily (365 days) n = 365 </SPAN>\n" );
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