document.write( "Question 1150339: Jody invests $4000 at 4.5% interest and plans to leave it for 10 years. (Round your final answers to two decimal places.)\r
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Algebra.Com's Answer #771751 by ikleyn(52943)\"\" \"About 
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document.write( "(a)  Use the formula  \r\n" );
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document.write( "         FV = D*(1+r*t),\r\n" );
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document.write( "    where D is the one time deposit value (starting amount); r is the annual interest rate expressed as decimal; \r\n" );
document.write( "    t is time in years:\r\n" );
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document.write( "         FV = 4000*(1+0.045*10) = 5800 dollars.     ANSWER\r\n" );
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document.write( "(b)  Use the formula  \r\n" );
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document.write( "         FV = \"D%2A%281%2Br%2F4%29%5E%284n%29\",\r\n" );
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document.write( "    where D is the one time deposit value (starting amount); r is the annual interest rate, expressed as decimal; \r\n" );
document.write( "    n is the number of years:\r\n" );
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document.write( "         FV = \"4000%2A%281%2B0.045%2F4%29%5E%284%2A10%29\" = 6257.50 dollars.     ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "See the lessons\r
\n" ); document.write( "\n" ); document.write( "    - Simple interest percentage problems \r
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