document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1006254>Question 1006254</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Solve the given problem related to compound interest. \r<BR>\n" );
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document.write( "Find the balance if $6500 is invested at an annual interest rate of 6.5%, compounded annually, after the following number of years. (Round your answers to the nearest cent.)\r<BR>\n" );
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document.write( "(a)    5 years <BR>\n" );
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document.write( "(b)    12 years <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 #622399 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=622399\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=6500(1.065)^5<BR>\n" );
document.write( "FV=6500(1.065)^12<BR>\n" );
document.write( "You do the math.<BR>\n" );
document.write( "Do the exponent first, then multiply. </SPAN>\n" );
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