document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1172217>Question 1172217</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much must be paid on a due date of June 26, 2010, on a loan of Php 45,000 made on <BR>\n" );
document.write( "December 26, 2006 with interest rate of 14% compounded semi-annually? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #797174 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=797174\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> this is a 3.5 year period with 7 times of compounding.<BR>\n" );
document.write( "P=Po(1+(r/n))^nt<BR>\n" );
document.write( "=45K(1+(.14)/2)^7<BR>\n" );
document.write( "=45K*(1.07^7)<BR>\n" );
document.write( "=72.260K or 72260 Php.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );