document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1176667>Question 1176667</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's future value​ A, or the total amount due at time t.\r<BR>\n" );
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document.write( "P​ = $38,000​, r​ = 7.0​%, t​ = 3 years<BR>\n" );
document.write( "​<BR>\n" );
document.write( "$__ (Round to the nearest cent as​ needed.) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #803991 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><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=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=803991\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Equation:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%281+%2B+rt%29 ALIGN=MIDDLE  ALT=\"A+=+P%281+%2B+rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Calculation:<BR>\n" );
document.write( "First, converting <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=R=+7 ALIGN=MIDDLE  ALT=\"R=+7\"   DISABLED_style= \"max-width:90%; height:auto;\" >% percent to <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r ALIGN=MIDDLE  ALT=\"r\"   DISABLED_style= \"max-width:90%; height:auto;\" > a decimal<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+R%2F100+=+7%2F100+=+0.07 ALIGN=MIDDLE  ALT=\"r+=+R%2F100+=+7%2F100+=+0.07\"   DISABLED_style= \"max-width:90%; height:auto;\" > per year.\r<BR>\n" );
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document.write( "Solving our equation:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+38000.00%281+%2B+%280.07+%2A+3%29%29+ ALIGN=MIDDLE  ALT=\"A+=+38000.00%281+%2B+%280.07+%2A+3%29%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+38000.00%281+%2B+0.21%29+ ALIGN=MIDDLE  ALT=\"A+=+38000.00%281+%2B+0.21%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+38000.00%281.21%29+ ALIGN=MIDDLE  ALT=\"A+=+38000.00%281.21%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+45980.00 ALIGN=MIDDLE  ALT=\"A+=+45980.00\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "or this way:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%2BI ALIGN=MIDDLE  ALT=\"A=P%2BI\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=38000 ALIGN=MIDDLE  ALT=\"P=38000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=I=P%2Ar%2At=38000.00%2A0.07%2A3=7980.00 ALIGN=MIDDLE  ALT=\"I=P%2Ar%2At=38000.00%2A0.07%2A3=7980.00\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=38000%2B7980=45980.00 ALIGN=MIDDLE  ALT=\"A=38000%2B7980=45980.00\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );