document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1186913>Question 1186913</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kim deposited 10 000 pesos in a bank that pays 3% compound interest annually.<BR>\n" );
document.write( "•Write the exponential model for the amount of substance.<BR>\n" );
document.write( "•How much money will she have after 2 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #817867 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52848)</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=817867\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
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document.write( "Future value of the amount is this exponential function\r\n" );
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document.write( "    A(t) = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=10000%2A1.03%5Et ALIGN=MIDDLE  ALT=\"10000%2A1.03%5Et\"   DISABLED_style= \"max-width:90%; height:auto;\" >,\r\n" );
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document.write( "where t is the time, in years.\r\n" );
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document.write( "In 2 years, the amount will be \r\n" );
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document.write( "    A(2) = substitute 2 instead of t into the formula = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=10000%2A1.03%5E2 ALIGN=MIDDLE  ALT=\"10000%2A1.03%5E2\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 10609 pesos.    <U>ANSWER</U>\r\n" );
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document.write( "Solved, answered and explained.\r<BR>\n" );
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document.write( "To see many other similar &nbsp;(and different) &nbsp;solved problems, &nbsp;look into the lesson\r<BR>\n" );
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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" );
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document.write( "in this site, and learn the subject from there.\r<BR>\n" );
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document.write( "After reading this lesson, you will tackle such problems on your own without asking for help from outside.\r<BR>\n" );
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document.write( "Also, &nbsp;you have this free of charge online textbook in ALGEBRA-I in this site\r<BR>\n" );
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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" );
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document.write( "The referred lesson is the part of this online textbook under the topic \"<U>Logarithms</U>\".\r<BR>\n" );
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document.write( "Save the link to this online textbook together with its description\r<BR>\n" );
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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" );
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document.write( "to your archive and use it when it is needed.\r<BR>\n" );
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document.write( "Happy learning (!)\r<BR>\n" );
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document.write( " </SPAN>\n" );
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