document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1131499>Question 1131499</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Todd wants to start a business in 3 years. He figures that he will need $10 000 to start. One bank offers a term deposit with interest at 7%., compounded semi- annually. Another bank offers a GIC with interest at 12% compounded monthly. Which bank has the better offer for Todd to invest in? Explain. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #748169 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39617)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=748169\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 7% semiannually, 3 years<BR>\n" );
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document.write( "12% monthly, 3 years<BR>\n" );
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