document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=253490>Question 253490</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An alumnus wants to set up a trust (which earns 9% interest compounded semiannually) to provide a grant to his alma mater of $10,000 every six months, beginning six months from now, for six years. How much should be deposited in the trust? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #185812 by </B><A HREF=/tutors/aboutme.mpl?userid=richwmiller><B>richwmiller(17219)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=richwmiller><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=richwmiller><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=185812\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A = P(1+[i/q])^nq<BR>\n" );
document.write( "    A = Pe^(in)<BR>\n" );
document.write( "    P = Ae^(-in)<BR>\n" );
document.write( "    i = log(A/P)/(n log[e]),<BR>\n" );
document.write( "    n = log(A/P)/(i log[e]).\r<BR>\n" );
document.write( "\n" );
document.write( "Here e = 2.718281828459 is the base of natural logarithms.<BR>\n" );
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document.write( "No similar problems. </SPAN>\n" );
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