document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=667757>Question 667757</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Your goal is to retire with $500,000. If you have realized $75,250 from selling off your<BR>\n" );
document.write( "tech portfolio and have invested it in government bonds that yield 4.75% annually, what<BR>\n" );
document.write( "is the closest number of years until you can retire? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #415146 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=415146\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Principal P =	75250									<BR>\n" );
document.write( "Amount=	500000									<BR>\n" );
document.write( "n= number of periods										<BR>\n" );
document.write( "compounded (t)	1									<BR>\n" );
document.write( "Rate =	4.25				0					<BR>\n" );
document.write( "n = ln(FV / PV) / ln(1 + r)		(r/q))								<BR>\n" );
document.write( "										<BR>\n" );
document.write( "n=(	ln	(	500000	/	75250	)/ln(	1	+	0.04	)<BR>\n" );
document.write( "n=(	1.89	)/	ln	1.04						<BR>\n" );
document.write( "n=(	1.89	/	0.04	)  						<BR>\n" );
document.write( "n=  	45.5									<BR>\n" );
document.write( "	46 years<BR>\n" );
document.write( "								<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );