document.write( "Question 1160873: Tisha has $40 in a savings account that earns 5% interest, compounded annually.\r
\n" ); document.write( "\n" ); document.write( "To the nearest cent, how much will she have in 2 years
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Algebra.Com's Answer #784278 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "Compound interest formula:\r
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\n" ); document.write( "\n" ); document.write( "Where is the amount in the account after years, is the initial principal amount, is the annual interest rate expressed as a decimal, and is the number of compounding periods per year.\r
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\n" ); document.write( "\n" ); document.write( "You want to find where , , , and .\r
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\n" ); document.write( "\n" ); document.write( "You can do your own arithmetic.
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\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it
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