document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=730129>Question 730129</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Anthony invested a sum of money 7 years ago in a savings account that has since paid interest at the rate of 4%/year compounded quarterly. His investment is now worth $55,494.22. How much did he originally invest?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #446489 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=446489\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 55494.22/(1.01)^28=P<BR>\n" );
document.write( "55494.22/1.32129=P<BR>\n" );
document.write( "P=$42,000 </SPAN>\n" );
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