document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=195997>Question 195997</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If I would like $75,000 in 15 years how much do I need to set aside in an account today,if the account pays an interset of 4.9% compounded semiannually?<BR>\n" );
document.write( "I am confused on how to use the correct formula when I do not know what my current value is now? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #146962 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=146962\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The formula is<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A ALIGN=MIDDLE  ALT=\"A\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the amount you end up with after <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t ALIGN=MIDDLE  ALT=\"t\"   DISABLED_style= \"max-width:90%; height:auto;\" > years<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P ALIGN=MIDDLE  ALT=\"P\"   DISABLED_style= \"max-width:90%; height:auto;\" > is amount invested initially<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n ALIGN=MIDDLE  ALT=\"n\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the number of times per years compounded<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r ALIGN=MIDDLE  ALT=\"r\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the interest rate<BR>\n" );
document.write( "-----------------------------<BR>\n" );
document.write( "given:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+75000 ALIGN=MIDDLE  ALT=\"A+=+75000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t+=+15 ALIGN=MIDDLE  ALT=\"t+=+15\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=n+=+2 ALIGN=MIDDLE  ALT=\"n+=+2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+.049 ALIGN=MIDDLE  ALT=\"r+=+.049\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "--------------<BR>\n" );
document.write( "You need to find <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P ALIGN=MIDDLE  ALT=\"P\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000+=+P%2A%281+%2B+.049%2F2%29%5E%282%2A15%29 ALIGN=MIDDLE  ALT=\"75000+=+P%2A%281+%2B+.049%2F2%29%5E%282%2A15%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000+=+P%2A1.0245%5E30 ALIGN=MIDDLE  ALT=\"75000+=+P%2A1.0245%5E30\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+=+75000%2A1.0245%5E%28-30%29 ALIGN=MIDDLE  ALT=\"P+=+75000%2A1.0245%5E%28-30%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+=+75000%2A.48377243 ALIGN=MIDDLE  ALT=\"P+=+75000%2A.48377243\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+=+36282.93 ALIGN=MIDDLE  ALT=\"P+=+36282.93\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "I need to put $36,282.93 in the account<BR>\n" );
document.write( "check:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A+=+P%2A%281+%2B+r%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+36282.93%2A%281+%2B+.049%2F2%29%5E30 ALIGN=MIDDLE  ALT=\"A+=+36282.93%2A%281+%2B+.049%2F2%29%5E30\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+36282.93%2A1.0245%5E30 ALIGN=MIDDLE  ALT=\"A+=+36282.93%2A1.0245%5E30\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+36282.93%2A2.067088 ALIGN=MIDDLE  ALT=\"A+=+36282.93%2A2.067088\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+74999.99 ALIGN=MIDDLE  ALT=\"A+=+74999.99\"   DISABLED_style= \"max-width:90%; height:auto;\" > close enough </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );