document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=280019>Question 280019</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please solve this word problem: How much money should parents deposit today in a college fund earning 5% compound quarterly, so that it will accumulate to $150,000.00 in 15 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #203491 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=203491\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Please solve this word problem: How much money should parents deposit today in a college fund earning 5% compound quarterly, so that it will accumulate to $150,000.00 in 15 years?\r<BR>\n" );
document.write( "\n" );
document.write( "a= (p+r/4)*15\r<BR>\n" );
document.write( "\n" );
document.write( "150000 = (p+5/4)*15\r<BR>\n" );
document.write( "\n" );
document.write( "150000/15  -5/4= p\r<BR>\n" );
document.write( "\n" );
document.write( "=9998.75 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );