document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1146466>Question 1146466</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Complete the table to determine the balance A for $1000 invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent.)<BR>\n" );
document.write( "r = 4%, t = 8 years<BR>\n" );
document.write( "1,2,4,12,365, Continuous </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #767756 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13200)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><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=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=767756\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "You can do the calculations.<br><BR>\n" );
document.write( "You need two formulas....<br><BR>\n" );
document.write( "(1) periodic compounding:<br><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+%28P%28%281%2B%28r%2Fn%29%29%5E%28n%2At%29-1%29%29%2F%28r%2Fn%29 ALIGN=MIDDLE  ALT=\"A+=+%28P%28%281%2B%28r%2Fn%29%29%5E%28n%2At%29-1%29%29%2F%28r%2Fn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><br><BR>\n" );
document.write( "A = amount (future value)<BR>\n" );
document.write( "P = principal ($1000)<BR>\n" );
document.write( "r = (annual) interest rate (4% = .04)<BR>\n" );
document.write( "t = time (years) (3)<BR>\n" );
document.write( "n = number of compounding periods per year (different cases: 1, 2, 4, 12, and 365)<br><BR>\n" );
document.write( "(2) continuous compounding:<br><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%2Ae%5E%28r%2At%29 ALIGN=MIDDLE  ALT=\"A+=+P%2Ae%5E%28r%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><br><BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );