document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=856199>Question 856199</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If $240 is invested at an interest rate of 9% a year and is compounded monthly, how much will the investment be worth in 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 #713161 by </B><A HREF=/tutors/aboutme.mpl?userid=amalm06><B>amalm06(224)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=amalm06><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=amalm06><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=713161\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=(240)[1+(0.09/12)]^(12*14]\r<BR>\n" );
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document.write( "  =(240)[1+0.0075]^168\r<BR>\n" );
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document.write( "  =(240)(3.5088855954842)\r<BR>\n" );
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document.write( "  =$842.13 (Answer) </SPAN>\n" );
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