document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1085097>Question 1085097</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Jeff wins $600,000 (after taxes) in the lottery and decides to invest half of it in a 10 year CD that pays 7.25% interest compounded monthly. He invests the other half in a money market fund that unfortunately turns out to average only 3.2% interest compounded annually over the 10 year period. How much money will he have altogether in the two accounts at the end of the 10 year period? \r<BR>\n" );
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document.write( "Jeff has ______________ at the end of 10 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #703299 by </B><A HREF=/tutors/aboutme.mpl?userid=Fombitz><B>Fombitz(32388)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Fombitz><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=Fombitz><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=703299\">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=F%5B1%5D=300000%281%2B0.0725%2F12%29%5E%2810%2A12%29=300000%282.060232%29=618069.65 ALIGN=MIDDLE  ALT=\"F%5B1%5D=300000%281%2B0.0725%2F12%29%5E%2810%2A12%29=300000%282.060232%29=618069.65\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "Add those together for his total. </SPAN>\n" );
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