document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=351571>Question 351571</A>: <I><SPAN STYLE=\"word-break: break-all;\"> how much should i deposit to yeild $150000 at a compound intrese of 12% per month after 5 years please show working </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #251310 by </B><A HREF=/tutors/aboutme.mpl?userid=Fombitz><B>Fombitz(32388)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Fombitz><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=Fombitz><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=251310\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 12% per month? That's an incredibly high interest rate.<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=F=P%281%2Bi%29%5En ALIGN=MIDDLE  ALT=\"F=P%281%2Bi%29%5En\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "I'm assuming interest is compounded monthly, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=N=12%2A5=60 ALIGN=MIDDLE  ALT=\"N=12%2A5=60\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=i=0.12 ALIGN=MIDDLE  ALT=\"i=0.12\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=150000=P%281%2B0.12%29%5E60 ALIGN=MIDDLE  ALT=\"150000=P%281%2B0.12%29%5E60\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=150000=P%28897.597%29 ALIGN=MIDDLE  ALT=\"150000=P%28897.597%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=167.11 ALIGN=MIDDLE  ALT=\"P=167.11\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "You need to deposit $167.11 today to get $150,000 in 5 years. <BR>\n" );
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document.write( "In case interest is compounded annually, then <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=N=5 ALIGN=MIDDLE  ALT=\"N=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=i=0.12%2A12=1.44 ALIGN=MIDDLE  ALT=\"i=0.12%2A12=1.44\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=150000=P%281%2B1.44%29%5E5 ALIGN=MIDDLE  ALT=\"150000=P%281%2B1.44%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=150000=P%2886.487%29 ALIGN=MIDDLE  ALT=\"150000=P%2886.487%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=1734.37 ALIGN=MIDDLE  ALT=\"P=1734.37\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "You need to deposit $1734.37 today to get $150,000 in 5 years.  </SPAN>\n" );
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