document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1131106>Question 1131106</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Which is the better investment for 9 years: investing $500 at 10% APR or $1,000 at 2% APR? Both investments have annual compounding. Round your answers to two decimal places.\r<BR>\n" );
document.write( "\n" );
document.write( "After 9 years, $500 at 10% APR would grow to _____<BR>\n" );
document.write( "After 9 years, $1,000 at 2% APR would grow to ____ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #747711 by </B><A HREF=/tutors/aboutme.mpl?userid=solver91311><B>solver91311(24713)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=solver91311><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=solver91311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=747711\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\"><BR>\n" );
document.write( "The future value <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large A\"> of an initial investment of <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large P\"> for <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large t\"> years at <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large r\">% annual interest compounded <IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large n\"> times per year is given by:\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ P\(1\ +\ \frac{r}{100n}\)^{nt}\">\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Just do the arithmetic.<BR>\n" );
document.write( "								<BR>\n" );
document.write( "								<BR>\n" );
document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi}\ +\ 1\ =\ 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" src=\"http://c0rk.blogs.com/gr0undzer0/darwin-fish.jpg\"><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large \ \\r\"> </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );