document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=458065>Question 458065</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose Mary needs $32,000 in five years for a new car. If her account pays 3.75% interest compounded daily, how much must she deposit today to have the money for the car? What is the term used for this value?\r<BR>\n" );
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document.write( "I keep getting off track on this one.  Thank you so much for your help. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #314197 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=314197\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 32000=P(1+0.0375/365)^365*5<BR>\n" );
document.write( "32000=P(1.00010274)^1825<BR>\n" );
document.write( "32000=P*1.21<BR>\n" );
document.write( "32000/1.21=P<BR>\n" );
document.write( "P=$26,446.28 </SPAN>\n" );
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