document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=150445>Question 150445</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Maybe I have solved it will you see if I ave done it correctly? I need help.<BR>\n" );
document.write( "Investing in stocks-US small companystocks have returned an average of 14.9% annually for the last 50 years. Use the present value formula...P=A(1+r)^n...<BR>\n" );
document.write( "to find the amount invested today in small company stocks that would be worth $1million in 50 years, assuming that small company stocks continue to return 14.95% annually for the next 50 years.<BR>\n" );
document.write( "this is not exactly the given formula but........<BR>\n" );
document.write( "F=P(1+(r/n))^nt<BR>\n" );
document.write( "1000000=P(1+.149/1)^50<BR>\n" );
document.write( "1000000=P(1.149)^50<BR>\n" );
document.write( "=1000000/(1.149)^50<BR>\n" );
document.write( "=1000000/1037.531843<BR>\n" );
document.write( "=$963.83 = amount to invest<BR>\n" );
document.write( "Please help this old grandma trying to learn math.<BR>\n" );
document.write( " Thanks </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #110413 by </B><A HREF=/tutors/aboutme.mpl?userid=vleith><B>vleith(2983)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=vleith><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=110413\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You got it. Not a lot of upfront cash. But a very nice rate for a very long time... </SPAN>\n" );
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