document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1194949>Question 1194949</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this Simple Interest word problem:  <BR>\n" );
document.write( "The Otwell Company puts $18,000 per year into a sinking fund to purchase major equipment. The fund earns 7.2% interest compounded annually. Find the amount in the fund after 8 years. (Round your final answer to two decimal places.)<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #827244 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=827244\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "Please help me solve this Simple Interest word problem:  <BR>\n" );
document.write( "The Otwell Company puts $18,000 per year into a sinking fund to purchase major equipment. <BR>\n" );
document.write( "The fund earns 7.2% interest compounded annually. Find the amount in the fund after 8 years. <BR>\n" );
document.write( "(Round your final answer to two decimal places.)<BR>\n" );
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document.write( "This problem is not on simple interest.\r<BR>\n" );
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document.write( "It is a deep mistake/delusion to think so.\r<BR>\n" );
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document.write( "It is a typical problem on discretely compounded account.\r<BR>\n" );
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document.write( "On this subject, &nbsp;learn the appropriate words, &nbsp;terminology and solution methods from the lessons\r<BR>\n" );
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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" );
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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.\r<BR>\n" );
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document.write( "Find there many similar solved problems.\r<BR>\n" );
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document.write( "Consider these lessons as your textbook, &nbsp;handbook, &nbsp;guide, &nbsp;tutorials and &nbsp;(free of charge) &nbsp;home teacher.\r<BR>\n" );
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document.write( "Happy learning &nbsp;(&nbsp;!&nbsp;)\r<BR>\n" );
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