document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1030469>Question 1030469</A>: <I><SPAN STYLE=\"word-break: break-all;\">  A principal of $4100 is invested at 8.25% interest, compounded annually. How much will the investment be worth after 7 years? <BR>\n" );
document.write( "Round to the nearest dollar.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #645333 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=645333\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hi there,<BR>\n" );
document.write( "100% + 8.25% = 108.25%<BR>\n" );
document.write( "108.25% = 108.25/100 = 1.0825 (factor)<BR>\n" );
document.write( "$4,100 x 1.0825^7 = $7,141<BR>\n" );
document.write( "Hope this helps :-) </SPAN>\n" );
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