document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1198943>Question 1198943</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If 38800 dollars is invested at an interest rate of 5 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. <BR>\n" );
document.write( "a(annual) <BR>\n" );
document.write( "b(semiannual)<BR>\n" );
document.write( "c(monthly) <BR>\n" );
document.write( "d(daily) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #832631 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><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=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=832631\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Compound Interest Formula\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Yn%29 ALIGN=MIDDLE  ALT=\"FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Yn%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "where <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+ ALIGN=MIDDLE  ALT=\"P+\"   DISABLED_style= \"max-width:90%; height:auto;\" >is the starting principal, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+ ALIGN=MIDDLE  ALT=\"r+\"   DISABLED_style= \"max-width:90%; height:auto;\" >is the annual interest rate, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y+ ALIGN=MIDDLE  ALT=\"Y+\"   DISABLED_style= \"max-width:90%; height:auto;\" >is the number of years invested, and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n ALIGN=MIDDLE  ALT=\"n\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the number of compounding periods per year. <BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV ALIGN=MIDDLE  ALT=\"FV\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the future value, meaning the amount the principal grows to after <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y ALIGN=MIDDLE  ALT=\"Y\"   DISABLED_style= \"max-width:90%; height:auto;\" > years.\r<BR>\n" );
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document.write( "a(annual)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+=+P+%281+%2B+r%2Fn%29%5E%28Y%2An%29 ALIGN=MIDDLE  ALT=\"FV+=+P+%281+%2B+r%2Fn%29%5E%28Y%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=38800 ALIGN=MIDDLE  ALT=\"P=38800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.05 ALIGN=MIDDLE  ALT=\"r=0.05\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=1 ALIGN=MIDDLE  ALT=\"n=1\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y=5 ALIGN=MIDDLE  ALT=\"Y=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV++=+38800+%281+%2B+0.05%2F1%29%5E%285%2A1%29 ALIGN=MIDDLE  ALT=\"FV++=+38800+%281+%2B+0.05%2F1%29%5E%285%2A1%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.0+%29%5E5 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.0+%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.2762815625+%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.2762815625+%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++49519.72 ALIGN=MIDDLE  ALT=\"FV+++=+++49519.72\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "b(semiannual)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29 ALIGN=MIDDLE  ALT=\"FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=38800 ALIGN=MIDDLE  ALT=\"P=38800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.05 ALIGN=MIDDLE  ALT=\"r=0.05\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=2 ALIGN=MIDDLE  ALT=\"n=2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y=5 ALIGN=MIDDLE  ALT=\"Y=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281++%2B+0.05+%2F+2%29%5E%285%2A2%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281++%2B+0.05+%2F+2%29%5E%285%2A2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.025%29%5E10 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.025%29%5E10\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.2800845441963566%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.2800845441963566%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++49667.28 ALIGN=MIDDLE  ALT=\"FV+++=+++49667.28\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "c(monthly)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29 ALIGN=MIDDLE  ALT=\"FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=38800 ALIGN=MIDDLE  ALT=\"P=38800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.05 ALIGN=MIDDLE  ALT=\"r=0.05\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=12 ALIGN=MIDDLE  ALT=\"n=12\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y=5 ALIGN=MIDDLE  ALT=\"Y=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281++%2B+0.05+%2F+12%29%5E%285%2A12%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281++%2B+0.05+%2F+12%29%5E%285%2A12%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.0041666666666667%29%5E60 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.0041666666666667%29%5E60\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.2833586785%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.2833586785%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++49794.32 ALIGN=MIDDLE  ALT=\"FV+++=+++49794.32\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "d(daily)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29 ALIGN=MIDDLE  ALT=\"FV+++=+++P+%281++%2B++r+%2F+n%29%5E%28Y%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=38800 ALIGN=MIDDLE  ALT=\"P=38800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.05 ALIGN=MIDDLE  ALT=\"r=0.05\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n=365 ALIGN=MIDDLE  ALT=\"n=365\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Y=5 ALIGN=MIDDLE  ALT=\"Y=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281++%2B+0.05+%2F+365%29%5E%285%2A365%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281++%2B+0.05+%2F+365%29%5E%285%2A365%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.0001369863013698%29%5E1825 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.0001369863013698%29%5E1825\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++38800+%281.28400343214692876%29 ALIGN=MIDDLE  ALT=\"FV+++=+++38800+%281.28400343214692876%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+++=+++49819.33 ALIGN=MIDDLE  ALT=\"FV+++=+++49819.33\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( " </SPAN>\n" );
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