document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1059795>Question 1059795</A>: <I><SPAN STYLE=\"word-break: break-all;\"> for the following exercise, use the compound interest formula, <BR>\n" );
document.write( "A(t) = P(1+(r/n))^nt where money is measured in dollars. \r<BR>\n" );
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document.write( "An account is opened with an initial deposit of $7,500 and earns 3.9% interest compounded semi-annually. What will the account be worth in 25 years? (Round your answer to the nearest cent.)  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #674888 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=674888\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%28t%29++=+P%2A%28+1+%2B+r%2Fn+%29%5E%28nt%29+ ALIGN=MIDDLE  ALT=\"+A%28t%29++=+P%2A%28+1+%2B+r%2Fn+%29%5E%28nt%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+P+=+7500+ ALIGN=MIDDLE  ALT=\"+P+=+7500+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+r+=+.039+ ALIGN=MIDDLE  ALT=\"+r+=+.039+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+n+=+2+ ALIGN=MIDDLE  ALT=\"+n+=+2+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+t+=+25+ ALIGN=MIDDLE  ALT=\"+t+=+25+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "---------------------<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%2825%29+=+7500%2A%28+1+%2B+.039%2F2+%29%5E%282%2A25%29+ ALIGN=MIDDLE  ALT=\"+A%2825%29+=+7500%2A%28+1+%2B+.039%2F2+%29%5E%282%2A25%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%2825%29+=+7500%2A1.0195%5E50+ ALIGN=MIDDLE  ALT=\"+A%2825%29+=+7500%2A1.0195%5E50+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%2825%29+=+7500%2A2.6264+ ALIGN=MIDDLE  ALT=\"+A%2825%29+=+7500%2A2.6264+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%2825%29+=+19698.03+ ALIGN=MIDDLE  ALT=\"+A%2825%29+=+19698.03+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "The account will be worth $19.698.03<BR>\n" );
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document.write( "check:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+19698.03+=+7500%2A%28+1+%2B+.039%2F2+%29%5E%282%2A25%29+ ALIGN=MIDDLE  ALT=\"+19698.03+=+7500%2A%28+1+%2B+.039%2F2+%29%5E%282%2A25%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+2.6264+=+1.0195%5E50+ ALIGN=MIDDLE  ALT=\"+2.6264+=+1.0195%5E50+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Take the log of both sides<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+.41936+=+50%2A.008387+ ALIGN=MIDDLE  ALT=\"+.41936+=+50%2A.008387+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+.41936+=+.41936+ ALIGN=MIDDLE  ALT=\"+.41936+=+.41936+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "OK </SPAN>\n" );
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