document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1140160>Question 1140160</A>: <I><SPAN STYLE=\"word-break: break-all;\"> john invested $20 000 on 1/06/2009 at 9% p.a. interest compounded monthly. <BR>\n" );
document.write( "a) what is the value of the investment by 1/06/2019<BR>\n" );
document.write( "b) If he only takes the interest earned on this investment on this date and invests this at 10.5% p.a. (compounded continuously), how much can he expect back by 1/06/2025 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #760892 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10552)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=760892\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "john invested $20 000 on 1/06/2009 at 9% p.a. interest compounded monthly. <BR>\n" );
document.write( "a) what is the value of the investment by 1/06/2019<BR>\n" );
document.write( "b) If he only takes the interest earned on this investment on this date and invests this at 10.5% p.a. (compounded continuously), how much can he expect back by 1/06/2025<BR>\n" );
document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">Correct answers: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28matrix%282%2C2%2C+%22a%29%22%2C+%22%2449%2C027.14%22%2C+%22b%29%22%2C+%22%2454%2C501.66%22%29%29 ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );