document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1201513>Question 1201513</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investment of P8,500 is made at the end of each year with interest of 3.5% compounded annually. What is the total amount of investment after 6 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #835914 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=835914\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> you will have 55,676.29 at the end of the 6 year invetsment period.<BR>\n" );
document.write( "i used the financial calculator at <a  rel=nofollow HREF= \"https://arachnoid.com/finance/\" target = \"_blank\">https://arachnoid.com/finance/</a><BR>\n" );
document.write( "here are the results.\r<BR>\n" );
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document.write( "present value = 0<BR>\n" );
document.write( "number of time periods = 6 years<BR>\n" );
document.write( "payment amount = -8500.<BR>\n" );
document.write( "interest rate per time eperiod = 3.5% per year.<BR>\n" );
document.write( "payment made at the end of each time period. </SPAN>\n" );
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