document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=431340>Question 431340</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If I need $4000 in four years and start saving $1000 today what rate of return would I need?  4000 = 1000(1 plus X)4 I tried 4000 plus 1 4001/1001  and got 4 I know the answer should be around 41 but not sure how to slove this equation. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #299384 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16949)</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=299384\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> i=	(fv/pv)^(1/n) -1								<BR>\n" );
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document.write( "fv=	4000								<BR>\n" );
document.write( "pv=	1000								<BR>\n" );
document.write( "n=	4								<BR>\n" );
document.write( "i=(4000/1000)^1/n-1<BR>\n" );
document.write( "i= 4^1/4-1	<BR>\n" );
document.write( "i=0.41								<BR>\n" );
document.write( "i=41	%							<BR>\n" );
document.write( " </SPAN>\n" );
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