document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1052057>Question 1052057</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much would you have to put in the bank today at 5% to accumulate $1,000 by next year? <BR>\n" );
document.write( "Answer: 392<BR>\n" );
document.write( "If you double your money in 5 years, what interest rate did you earn?<BR>\n" );
document.write( "Answer = 14.87<BR>\n" );
document.write( "If you triple your money in 10 years, what interest rate did you earn?<BR>\n" );
document.write( "Answer = 11.60\r<BR>\n" );
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document.write( "I have to insert all of this into my BAII Plus calculator. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #667474 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=667474\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Your questions are very unclear. Interest rates accumulate at different period. Daily (continuous compounding), monthly,  quarterly, biannually, annually. How often does your investment at 5% accumulate?<BR>\n" );
document.write( "I'll assume you're talking about annual rates and give you one answer:<BR>\n" );
document.write( "1000 = x(1+0.05) = x*1.05 divide both sides by 1.05<BR>\n" );
document.write( "x = 9,523.81 </SPAN>\n" );
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