document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1013148>Question 1013148</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hello, I hope I chose the correct section.  I am working on a word problem/exponential function.  \"Grace deposits $1000 in a mutual fund earning 9.25% interest, compounded monthly\"  Write an exponential function that models this situation where y is the amount of Grace's investment and x is time in years.  ****I have y=1000(1+0.0925/12)^x*** Could someone please tell me if this is correct??  Any help would be appreciated, thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #629353 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><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=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=629353\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> So far you are okay...here is the complete expression...<BR>\n" );
document.write( "y(x)=1000(1+0.0925/12)^(nt) = 1000(1+0.0925/12)^(12x) </SPAN>\n" );
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