document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=230839>Question 230839</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Determine the yearly periodic deposit needed to reach a financial goal of $150,000 at a rate of 5% annually for a time of 18 years?\r<BR>\n" );
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document.write( "thank you! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #170964 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=170964\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=(FV*i)/(1+i)^n-1<BR>\n" );
document.write( "P=(150000*.05)/((1+.05)^18)-1<BR>\n" );
document.write( "P=(7500/2.41)-1<BR>\n" );
document.write( "P=3112.03-1<BR>\n" );
document.write( "p=$3111.03 </SPAN>\n" );
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