document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=923863>Question 923863</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You have $10,000.00 to invest, at 5% annually and you keep the money invested for 10 years. What will this amount grow to? \r<BR>\n" );
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document.write( "You will need $15,000.00 in 7 years when you want to take a world cruise. If you can earn 6% annually how much do you need to invest now, in order to have the amount needed for the cruise? \r<BR>\n" );
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document.write( "what is the amount a person would have to deposit today to be able to take out $5000.00 per year for 10 years from an account getting 8% annually? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #560439 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=560439\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A) FV=10000(1.05)^10<BR>\n" );
document.write( "B) 15000=P(1.06)^7\r<BR>\n" );
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