document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=798507>Question 798507</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Sonji wants to have $14,000 in 13 years. Calculate how much she should invest now at 6% interest, compounded semiannually in order to reach this goal. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #482289 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=482289\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 14000=P(1+0.06/2)^2*13<BR>\n" );
document.write( "14000=P(1.03)^26<BR>\n" );
document.write( "14999=P*2.1566<BR>\n" );
document.write( "14000/2.1566=P<BR>\n" );
document.write( "P=$6492.00 </SPAN>\n" );
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