document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1086545>Question 1086545</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A company invest 10,000 today to be repaid in five years in one lump sum at 12%<BR>\n" );
document.write( "compounded annually. If the rate of inflation is 3% compounded annually, how much profit in present day is realized over five years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #700809 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=700809\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 10000 x (1.12)^5=17623.416832<BR>\n" );
document.write( "10000 x (1.03)^5=11592.740743<BR>\n" );
document.write( "profit=17623.416832-11592.740743=6030.676089<BR>\n" );
document.write( "&#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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