document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=923755>Question 923755</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I have been pounding my head for 2 days trying to figure out the right equation for this problem and I am hoping someone here can help.  <BR>\n" );
document.write( "What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually? <BR>\n" );
document.write( "Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #560298 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=560298\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> p, amount to deposit today.\r<BR>\n" );
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document.write( "YEAR_________________BAL<BR>\n" );
document.write( "0___________________p(1.08)^0<BR>\n" );
document.write( "1___________________p(1.08)^1<BR>\n" );
document.write( "2___________________p(1.08)^2<BR>\n" );
document.write( "y___________________p(1.08)^y\r<BR>\n" );
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document.write( "Your question asks, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=p%281.08%29%5E10=5000 ALIGN=MIDDLE  ALT=\"p%281.08%29%5E10=5000\"   DISABLED_style= \"max-width:90%; height:auto;\" > to find p. </SPAN>\n" );
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