document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=110464>Question 110464</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0073268623/algebrahomeworkh>university of Phoenix Elementary and Intermediate Algebra</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Ok so on this one it gives me a formula but I have no clue how to use it.  I would love it if someone would help me.  You guys are awesome.  Thank you in advance!!!!!\r<BR>\n" );
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document.write( "An investment of $10,000 in 1997 in the spartan investment grade bond fund grew to $14,309.61 in 2002.  Use the formula from the previous exercise to find the 5-year average annual return.\r<BR>\n" );
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document.write( "formula:  r=(s/p)^1/n -1 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #80511 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=80511\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> An investment of $10,000 in 1997 in the spartan investment grade bond fund grew to $14,309.61 in 2002.  Use the formula from the previous exercise to find the 5-year average annual return.\r<BR>\n" );
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document.write( "formula:  r=[(s/p)^(1/(n-1)]<BR>\n" );
document.write( "r = [(14309.61/10,000)^(1/4)<BR>\n" );
document.write( "r = 1.0937...<BR>\n" );
document.write( "=============<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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