document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1133487>Question 1133487</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $600 invested for two years will earn $264 in interest.  Find the accumulated value of $200 invested at the same rate of compound interest for three years. </SPAN>\n" );
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document.write( "The way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.<br><BR>\n" );
document.write( "The simple interest for 2 years is $264; the simple interest for 1 year is $132.<br><BR>\n" );
document.write( "$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.<br><BR>\n" );
document.write( "The value of $200 at 22% interest compounded annually for three years is<br><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200%281.22%29%5E3 ALIGN=MIDDLE  ALT=\"200%281.22%29%5E3\"   DISABLED_style= \"max-width:90%; height:auto;\" ><br><BR>\n" );
document.write( "The amount of interest is that value, minus the original $200.<br><BR>\n" );
document.write( "You can do the calculations. </SPAN>\n" );
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