document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1193575>Question 1193575</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help\r<BR>\n" );
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document.write( "Calculate the accrued principal on 3000 invested at 12% per annum for three years and compounded monthly. </SPAN>\n" );
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document.write( "Answer: $4292.31\r<BR>\n" );
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document.write( "Work Shown:<BR>\n" );
document.write( "A = P*(1+r/n)^(n*t)<BR>\n" );
document.write( "A = 3000*(1+0.12/12)^(12*3)<BR>\n" );
document.write( "A = 4292.30635077474<BR>\n" );
document.write( "A = 4292.31<BR>\n" );
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