document.write( "Question 1129810: Lynsey invests $3000 in a bond trust that pays 8% interested compounded semiannually. Her friend Lyla invest $3000 in a certified of deposit that pays 7.75% compounded daily. How much money does each of them have after 20 years? \n" ); document.write( "
Algebra.Com's Answer #746454 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"
\n" ); document.write( "Lyndsey
\n" ); document.write( "\"+A+=+3000%2A%28+1+%2B+.08%2F2+%29%5E%282%2A20%29+\"
\n" ); document.write( "Lyla
\n" ); document.write( "\"+A+=+3000%2A%28+1+%2B+.0775%2F365+%29%5E%28365%2A20%29+\"
\n" ); document.write( "----------------------------------------------
\n" ); document.write( "Lyndsey:
\n" ); document.write( "\"+A+=+3000%2A%28+1+%2B+.04+%29%5E40+\"
\n" ); document.write( "\"+A+=+3000%2A1.04%5E40+\"
\n" ); document.write( "\"+A+=+3000%2A4.80102+\"
\n" ); document.write( "\"+A+=+14403.06+\"
\n" ); document.write( "After 20 yrs, she has $14,403.06
\n" ); document.write( "------------------------------------
\n" ); document.write( "Lyla:
\n" ); document.write( "\"+A+=+3000%2A%28+1+%2B+.00021233+%29%5E7300+\"
\n" ); document.write( "\"+A+=+3000%2A1.00021233%5E7300+\"
\n" ); document.write( "\"+A+=+3000%2A4.710737+\"
\n" ); document.write( "\"+A+=+14132.21+\"
\n" ); document.write( "After 20 yrs, she has $14,132.21
\n" ); document.write( "check my math\r
\n" ); document.write( "\n" ); document.write( "
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