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" );
document.write( "\n" );
document.write( "I have to insert all of this into my BAII Plus calculator. </SPAN>\n" );
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document.write( "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" );
document.write( "\n" );
document.write( "I have to insert all of this into my BAII Plus calculator.<BR>\n" );
document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">Compounded annually, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28matrix%281%2C3%2C+952.3809524%2C+or%2C+%22%24952.38%22%29%29 ALIGN=MIDDLE  ALT=\"highlight_green%28matrix%281%2C3%2C+952.3809524%2C+or%2C+%22%24952.38%22%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > will accumulate to $1,000 in a year, at an interest rate of 5%. Where did you get $392 from?<BR>\n" );
document.write( "Doubling the $952.38 in 5 years, to $1,904.76, will DEFINITELY take an interest rate of 14.87, as you stated.<BR>\n" );
document.write( "Tripling the $952.38 in 10 years, to $2,857.14, will take an interest rate of 11.61%. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );