document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=609164>Question 609164</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A company will need $75,000 in 8 years for a new addition.  To meet this goal, the company deposits money in an account today that pays 5% annual interest compounded quarterly.  Find the amount that should be invested to total $75,000 in 8 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #383679 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10555)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=383679\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A company will need $75,000 in 8 years for a new addition.  To meet this goal, the company deposits money in an account today that pays 5% annual interest compounded quarterly.  Find the amount that should be invested to total $75,000 in 8 years\r<BR>\n" );
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document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%2F%281+%2B+i%2Fm%29%5E%28mt%29 ALIGN=MIDDLE  ALT=\"A%2F%281+%2B+i%2Fm%29%5E%28mt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >, where P = present value; A = future value ($75,000); i or interest (5%, or .05), m = compounding periods per year (4); and t (term, in years) = 8\r<BR>\n" );
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document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000%2F%281+%2B+.05%2F4%29%5E%284%2A8%29 ALIGN=MIDDLE  ALT=\"75000%2F%281+%2B+.05%2F4%29%5E%284%2A8%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000%2F%281+%2B+0.0125%29%5E32 ALIGN=MIDDLE  ALT=\"75000%2F%281+%2B+0.0125%29%5E32\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000%2F%281.0125%29%5E32 ALIGN=MIDDLE  ALT=\"75000%2F%281.0125%29%5E32\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000%2F1.488130509 ALIGN=MIDDLE  ALT=\"75000%2F1.488130509\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "P, or present value, or amount to de deposited today to total $75,000 in 8 years = $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%2850398.81%29 ALIGN=MIDDLE  ALT=\"highlight_green%2850398.81%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Send comments and “thank-yous” to “D” at  MathMadEzy@aol.com </SPAN>\n" );
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