document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1194896>Question 1194896</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help with the homework:<BR>\n" );
document.write( "Calculate the sum accrued on a fixed deposit of R10000 is invested on 15 march 2021 until 1 July 2023, if interest is credited annually on the 1 July at 15,5%. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #852119 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=852119\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Calculations in the post by @ElectricPavlov are incorrect.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "For example, he calculates  1.155^2.2986 and gets approximately 1.404,<BR>\n" );
document.write( "which leads him to the answer 14,040.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Correct calculation is 1.155^2.2986 = 1.39267875, giving the final answer 13,926.79.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "So, the answer R14,040 in the post by @ElectricPavlov is incorrect.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Also, from the problem, it is unclear, if the interest is simple or compounded,<BR>\n" );
document.write( "so, the problem itself is dark and its meaning is unclear.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "As the problem is worded and presented in the post, it is as far from to be <BR>\n" );
document.write( "a true Math problem as the ground is far from the heaven.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );