document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1011890>Question 1011890</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a person invests rs 1000 at 10% compound interest of two years.then he invests the maturity amount for 1 year at10% compound interest for compounded half-yearly. what is the total amount he receives at the end of three years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #627704 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=627704\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the formula for compound interest is:<BR>\n" );
document.write( "A= P(1+r/n)^nt<BR>\n" );
document.write( "where: <BR>\n" );
document.write( "A is the final amount<BR>\n" );
document.write( "P is the initial investment (rs 1000)<BR>\n" );
document.write( "r is the interest rate (10%/100= 0.10)<BR>\n" );
document.write( "n is the number of periods (compounded half yearly will be 2 periods)<BR>\n" );
document.write( "and finally, the exponent:<BR>\n" );
document.write( "nt is the number of periods times the number of years<BR>\n" );
document.write( "Since I don't understand \"interest of two years\" and I don't want to give you a bad answer, please plug in the numbers in the above formula and work your calculator to get your answers.<BR>\n" );
document.write( "J </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );