document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102765>Question 1102765</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mrs. Rodriguez deposits $6800 into a fund that compounds 3.5% interest annually. She leaves the money in the fund for 5 years. To the nearest dollar, what is the compounded interest money earned after 5 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #717492 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=717492\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=Po(1+r/n)^nt is the compound interest formula<BR>\n" );
document.write( "P=6800(1 +.035)^5, since 5 compoundings total.<BR>\n" );
document.write( "$8076.27 is P, but that is the total amount in the account<BR>\n" );
document.write( "-$6800<BR>\n" );
document.write( "$1276 is the interest earned </SPAN>\n" );
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