document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1124066>Question 1124066</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you borrow $10,000 right now to start a business. If the terms of the loan require you to pay back $12,000 in 5 years, what is the implied annual compound interest rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #740461 by </B><A HREF=/tutors/aboutme.mpl?userid=Alex.33><B>Alex.33(110)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alex.33><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=Alex.33><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=740461\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Ny definition of compound interest:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=10000%2A%281%2Br%29%5E5=12000 ALIGN=MIDDLE  ALT=\"10000%2A%281%2Br%29%5E5=12000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=%286%2F5%29%5E%281%2F5%29-1 ALIGN=MIDDLE  ALT=\"r=%286%2F5%29%5E%281%2F5%29-1\"   DISABLED_style= \"max-width:90%; height:auto;\" >,or<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.03713 ALIGN=MIDDLE  ALT=\"r=0.03713\"   DISABLED_style= \"max-width:90%; height:auto;\" >,approximately.\r<BR>\n" );
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document.write( "If you still do not understand or feel a bit vague on this, go search for 'compound interest' online. You'll find super clear explanations written by true experts.\r<BR>\n" );
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document.write( "Hope this solves your problem. Thanks! </SPAN>\n" );
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