document.write( "Question 1160665: Josh opened a savings account and deposited $400.00. The account earns 12% interest, compounded annually. If he wants to use the money to buy a new bicycle in 3 years, how much will he be able to spend on the bike? \n" ); document.write( "

Algebra.Com's Answer #784027 by ikleyn(52776) $\"\"$ $\"About$

You can put this solution on YOUR website!
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document.write( "Use the formula\r\n" );
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document.write( "    Future value = .\r\n" );
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document.write( "With the given formula, complete the assignment on your own.\r\n" );
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\n" ); document.write( "\n" ); document.write( "On discretely compounded discounts, see the lessons\r
\n" ); document.write( "\n" ); document.write( "    - Compound interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "    - Problems on discretely compound accounts \r
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\n" ); document.write( "\n" ); document.write( "After reading these lessons, you will tackle such problems on your own without asking for help from outside.\r
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\n" ); document.write( "\n" ); document.write( "Also, you have this free of charge online textbook in ALGEBRA-I in this site\r
\n" ); document.write( "\n" ); document.write( "    - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r
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\n" ); document.write( "\n" ); document.write( "The referred lessons are the part of this online textbook under the topic \"Logarithms\".\r
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\n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r
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\n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I
\n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r
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\n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r
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\n" ); document.write( "\n" ); document.write( "Happy learning (!)\r
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