document.write( "Question 1180113: Use the compound interest formulas A = P(1 + r/n)^nt and A = Pe^rt to solve.\r
\n" ); document.write( "\n" ); document.write( "Find the accumulated value of an investment of $5000 at 5% compounded monthly for 8 years. \n" ); document.write( "
Algebra.Com's Answer #809686 by ikleyn(52800)\"\" \"About 
You can put this solution on YOUR website!
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document.write( "Use the formula   A = \"5000%2A%281%2B+0.05%2F12%29%5E%288%2A12%29\"    and compute the answer.\r\n" );
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document.write( "The second formula is irrelevant in this problem.\r\n" );
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\n" ); document.write( "\n" ); document.write( "For all details and explanations,  look into these two lessons\r
\n" ); document.write( "\n" ); document.write( "    - Compounded interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "    - Problems on discretely compound accounts \r
\n" ); document.write( "\n" ); document.write( "in this site,  and learn the subject from there.\r
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\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
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\n" ); document.write( "\n" ); document.write( "Also,  you have this free of charge online textbook in ALGEBRA-I in this site\r
\n" ); document.write( "\n" ); document.write( "    - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r
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\n" ); document.write( "\n" ); document.write( "The referred lessons are the part of this online textbook under the topic \"Logarithms\".\r
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\n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r
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\n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I
\n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r
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\n" ); document.write( "\n" ); document.write( "Happy learning (!)\r
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