document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1179854>Question 1179854</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that $2000 is loaned at a rate of 19.5%, compounded monthly. Assuming that no payments are made, find the amount owed after 5 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #809433 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=809433\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">\r\n" );
document.write( "\r\n" );
document.write( "After 5 years  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2000%2A%281%2B0.195%2F12%29%5E%285%2A12%29 ALIGN=MIDDLE  ALT=\"2000%2A%281%2B0.195%2F12%29%5E%285%2A12%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 5260.94  dollars.\r\n" );
document.write( "</PRE>\r<BR>\n" );
document.write( "\n" );
document.write( "Solved.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "-----------------\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "For all details and explanations, look into these two lessons\r<BR>\n" );
document.write( "\n" );
document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compounded interest percentage problems</A> \r<BR>\n" );
document.write( "\n" );
document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/logarithm/Problems-on-discretely-compound-accounts.lesson>Problems on discretely compound accounts</A> \r<BR>\n" );
document.write( "\n" );
document.write( "in this site, and learn the subject from there.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\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<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Also, &nbsp;you have this free of charge online textbook in ALGEBRA-I in this site\r<BR>\n" );
document.write( "\n" );
document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson>ALGEBRA-I - YOUR ONLINE TEXTBOOK</A>.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "The referred lessons are the part of this online textbook under the topic \"<U>Logarithms</U>\".\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Save the link to this online textbook together with its description\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Free of charge online textbook in ALGEBRA-I<BR>\n" );
document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "to your archive and use it when it is needed.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Happy learning (!)\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );