document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1022468>Question 1022468</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Daniel has $1200 in the bank.  He is earning 3.5% compound interest each month.  How much money will he have in the bank in one year? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #638148 by </B><A HREF=/tutors/aboutme.mpl?userid=Cromlix><B>Cromlix(4381)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Cromlix><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=Cromlix><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=638148\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hi there,<BR>\n" );
document.write( "100 + 3.5<BR>\n" );
document.write( "= 103.5%<BR>\n" );
document.write( "= 103.5/100 = 1.035<BR>\n" );
document.write( "$1200 x 1.035^12<BR>\n" );
document.write( "= $1813.28 after a year.<BR>\n" );
document.write( "Hope this helps :-) </SPAN>\n" );
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