document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102096>Question 1102096</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What is the sum of money to be accumulated by each $5000 investment in 31 years and compound at 7% per year. And $20000 in 7 years after compounding 6% annually. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #716736 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=716736\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=Po(1+r)^n, when this is annually. Po is start, r is rate,n is year.<BR>\n" );
document.write( "=5000(1.07)^31=$40,725.56<BR>\n" );
document.write( "======================<BR>\n" );
document.write( "=20000(1.06)^7=<BR>\n" );
document.write( "$30,072.61<BR>\n" );
document.write( "round everything at the end. </SPAN>\n" );
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