document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1035712>Question 1035712</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Calculate the total interest on a loan of k5400 for 2 years at 9.5 % for compounded yearly. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #650873 by </B><A HREF=/tutors/aboutme.mpl?userid=LinnW><B>LinnW(1048)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=LinnW><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=LinnW><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=650873\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> For annual interest the formula is (1 + r)^(number of years) * (original amt)<BR>\n" );
document.write( "(1 + 9.5%)^2 * 5400<BR>\n" );
document.write( "(1.095)^2 * 5400<BR>\n" );
document.write( "1.199025 * 5400<BR>\n" );
document.write( "k6474.735<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );