document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1088399>Question 1088399</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Use the compound interest formulas A=p(1+r/n)^nt  and A=pe^rt to solve.\r<BR>\n" );
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document.write( "Find the accumulated value of an investment of $1130 at 8% compounded annually for 14 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #702680 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=702680\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The first is A=1130(1+.08)^14; 1.08^14=2.937.  Without rounding, multiply by $1130=$3319.03<BR>\n" );
document.write( "The second is 1130*e^(0.08*14); e^1.12=3.065, and result is $3463.29 </SPAN>\n" );
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