document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1207568>Question 1207568</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Calculate the future value of Php7,500 earning 9% interest, compounded daily, for 3<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 #845514 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=845514\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> formula is f = p * (1 + r) ^ n\r<BR>\n" );
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document.write( "f is the future value<BR>\n" );
document.write( "p is the present value<BR>\n" );
document.write( "r is the interest rate per time period<BR>\n" );
document.write( "n is the number of time periods\r<BR>\n" );
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document.write( "365 days per year is assumed.\r<BR>\n" );
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document.write( "interest rate per day = .09/365<BR>\n" );
document.write( "number of days = 3 * 365\r<BR>\n" );
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document.write( "formula becomes f = 7500 * (1 + .09/365) ^ (3 * 365)  = 9824.406398.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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