document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1208212>Question 1208212</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If 19100 dollars is invested at an interest rate of 6 percent per year, find the <BR>\n" );
document.write( "value of the investment at the end of 5 years for the following compounding methods, to the nearest cent.\r<BR>\n" );
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document.write( "(a) Annual: $<BR>\n" );
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document.write( "(b) Semiannual: $<BR>\n" );
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document.write( "(c) Monthly: $<BR>\n" );
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document.write( "(d) Daily: $<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 #846491 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(53765)</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=846491\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "If 19100 dollars is invested at an interest rate of 6 percent per year, find the value <BR>\n" );
document.write( "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: $<BR>\n" );
document.write( "~~~~~~~~~~~~~~~~~~~~~\r<BR>\n" );
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document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">\r\n" );
document.write( "(a)  FV (future value) = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A%281%2B0.06%29%5E5 ALIGN=MIDDLE  ALT=\"19100%2A%281%2B0.06%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A1.06%5E5 ALIGN=MIDDLE  ALT=\"19100%2A1.06%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" > = use your calculator = 25560.11 dollars.\r\n" );
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document.write( "(b)  FV (future value) = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A%281%2B0.06%2F2%29%5E%282%2A5%29 ALIGN=MIDDLE  ALT=\"19100%2A%281%2B0.06%2F2%29%5E%282%2A5%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A1.03%5E10 ALIGN=MIDDLE  ALT=\"19100%2A1.03%5E10\"   DISABLED_style= \"max-width:90%; height:auto;\" > = use your calculator = 25668.80  dollars;\r\n" );
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document.write( "(c)  FV (future value) = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A%281%2B0.06%2F12%29%5E%2812%2A5%29 ALIGN=MIDDLE  ALT=\"19100%2A%281%2B0.06%2F12%29%5E%2812%2A5%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=19100%2A1.005%5E60 ALIGN=MIDDLE  ALT=\"19100%2A1.005%5E60\"   DISABLED_style= \"max-width:90%; height:auto;\" > = use your calculator = 25763.04  dollars.\r\n" );
document.write( "</PRE>\r<BR>\n" );
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document.write( "To see many other similar &nbsp;(and different) &nbsp;solved problems on compounded interest accounts, &nbsp;look into the lesson\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( "in this site.\r<BR>\n" );
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document.write( "Learn the subject from there.\r<BR>\n" );
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document.write( "Happy learning &nbsp;(&nbsp;!&nbsp;)  \r<BR>\n" );
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