document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=641031>Question 641031</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You need to have $10,000 available in 25 years.If you are earning an interest rate of 5%,how much would you need to invest today to have $10,000 in 25 years, compounded annually?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #403522 by </B><A HREF=/tutors/aboutme.mpl?userid=cta1987><B>cta1987(8)</B></A><img src=\"/images/stars/stars-05.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=cta1987><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=cta1987><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=403522\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+r/n)^nt<BR>\n" );
document.write( "t=25 years<BR>\n" );
document.write( "annually=1 time per year<BR>\n" );
document.write( "P=10000<BR>\n" );
document.write( "r=0.05\r<BR>\n" );
document.write( "\n" );
document.write( "A=10,000(1+0.05/1)^1*25<BR>\n" );
document.write( "A=10000(1.05)^25<BR>\n" );
document.write( "A=10,000(3.386354941)<BR>\n" );
document.write( "A=33863.55 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );