document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1125106>Question 1125106</A>: <I><SPAN STYLE=\"word-break: break-all;\"> what is the compound interest on 2650$ in 5 years at 7 and half percent per anum </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #741426 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=741426\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> f = p * (1 + r) ^ n\r<BR>\n" );
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document.write( "f is the future value<BR>\n" );
document.write( "p is the present value<BR>\n" );
document.write( "r is the interest rate per time period.<BR>\n" );
document.write( "n is the number of time periods.\r<BR>\n" );
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document.write( "in your problem.\r<BR>\n" );
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document.write( "f is what you want to find.<BR>\n" );
document.write( "p is equal to 2650.<BR>\n" );
document.write( "r is equal to 7.5% per year.<BR>\n" );
document.write( "divide that by 100 to get an interest rate of .075 per year.<BR>\n" );
document.write( "n is equal to 5 years.\r<BR>\n" );
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document.write( "formula becomes = 2650 * (1 + .075) ^ 5, resulting in f = 3804.417714.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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