document.write( "Question 1035118: If $700 is invested at 10% compounded yearly, what is the interest earned after:
\n" ); document.write( "6 years interest earned=
\n" ); document.write( "5 years interest earned=
\n" ); document.write( "

Algebra.Com's Answer #649780 by MathTherapy(10549)\"\" \"About 
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\n" ); document.write( " If $700 is invested at 10% compounded yearly, what is the interest earned after:
\n" ); document.write( "6 years interest earned=
\n" ); document.write( "5 years interest earned=
\n" ); document.write( "
\"highlight_green%28matrix%281%2C2%2C+INTEREST%2C+EARNED+=+A+-+P%29%29\", with \"A+=+P%281+%2B+r%2Fm%29%5E%28mt%29\", and where:
\n" ); document.write( "A = Future Value (unknown in this case)
\n" ); document.write( "P = Principal/Original amount invested/Original amount deposited ($700, in this case)
\n" ); document.write( "r = Interest rate (10%, or .1, in this case)
\n" ); document.write( "m = Compounding periods, per year (yearly, or 1, in this case)
\n" ); document.write( "t = Time, in years (6, in scenario \"a\", and 5, in scenario \"b\") \n" ); document.write( "
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