document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1140425>Question 1140425</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the compound amount for the deposit. Round to the nearest cent.<BR>\n" );
document.write( "$15,000 at 8% compounded semiannually for 10 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #760951 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=760951\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> This is 15000*(1+.08/2)^20, divide the interest rate by number of times compounded per year and raise to the total number of compoundings that occur.<BR>\n" );
document.write( "15000(1.04^20) round at end.<BR>\n" );
document.write( "=$32866.85 </SPAN>\n" );
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