document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=388160>Question 388160</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you inherited $200,000 and invested it at 6% per year.  How much could you withdraw at the end of each of the next 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 #274592 by </B><A HREF=/tutors/aboutme.mpl?userid=avani><B>avani(25)</B></A><img src=\"/images/stars/stars-07.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=avani><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=274592\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV= Future Value<BR>\n" );
document.write( "PV= Present Value<BR>\n" );
document.write( "n = number of years<BR>\n" );
document.write( "r = interest rate\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "FV=PV(1+r)^n<BR>\n" );
document.write( "FV=$200,000 (1+0.06)^15<BR>\n" );
document.write( "FV=$479311.64 </SPAN>\n" );
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