document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1125320>Question 1125320</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If your IRA compounds continuously for the next 20 years, how much interest will you earn if it pays 3.45% interest, the current balance is $82,000, and you make no contributions or withdrawals? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #741618 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=741618\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=Poe^rt<BR>\n" );
document.write( "=82000*e^(0.0345*20), the exponential product is 0.69<BR>\n" );
document.write( "=82000*e^0.69=$163,484.67<BR>\n" );
document.write( "The product of 20 and 3.45 is 69, and the rule of 70/72 means this should be almost exactly doubling, which it is. </SPAN>\n" );
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