document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=851521>Question 851521</A>: <I><SPAN STYLE=\"word-break: break-all;\"> steve wants 90,000 in savings by the time his baby is 18. bank offers savings account 6.5% interest compounded weekly. how much money does he need to invest now to reach his goal? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #512821 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39618)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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=512821\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The interest rate per week is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6.5%2F52=0.125 ALIGN=MIDDLE  ALT=\"6.5%2F52=0.125\"   DISABLED_style= \"max-width:90%; height:auto;\" > %.  The specific growth model is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%2890000=p%2A1.00125%5E%2852t%29%29 ALIGN=MIDDLE  ALT=\"highlight_green%2890000=p%2A1.00125%5E%2852t%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > and t is time in years.  The calculation being done here next assumes that the baby is newborn, less than one week old.\r<BR>\n" );
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document.write( "Know that if y is years, then <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%2Ayears%2852%2Aweeks%2Fyear%29=numberWeeks ALIGN=MIDDLE  ALT=\"y%2Ayears%2852%2Aweeks%2Fyear%29=numberWeeks\"   DISABLED_style= \"max-width:90%; height:auto;\" >;<BR>\n" );
document.write( "t/52=y, and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=52y ALIGN=MIDDLE  ALT=\"t=52y\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=90000%2F%281.00125%29%5E%2852t%29=p ALIGN=MIDDLE  ALT=\"90000%2F%281.00125%29%5E%2852t%29=p\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "substituting for t=18,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p=90000%2F%281.00125%29%5E%2852%2A18%29 ALIGN=MIDDLE  ALT=\"p=90000%2F%281.00125%29%5E%2852%2A18%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "Using a calculator instead of any table of logarithms,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%28p=27953%29 ALIGN=MIDDLE  ALT=\"highlight%28p=27953%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >. </SPAN>\n" );
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