document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1073517>Question 1073517</A>: <I><SPAN STYLE=\"word-break: break-all;\">  Find the amount of money in an account after 3 years if a principle of $7000 was<BR>\n" );
document.write( "invested at 6% interest compounded semiannually. (Round to the nearest cent).\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #688455 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=688455\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV(future value)=P(principal)x (1+yearly rate/compounding periods)^(total number of periods). So:<BR>\n" );
document.write( "FV=7000(1+.06/2)^6<BR>\n" );
document.write( "FV=7000 x 1.194052296529=$8358.366 . &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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