document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=967647>Question 967647</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much a 15-year old boy deposit in a bank now that pays 10 1/2% compounded quarterly so that after 10 years he will have 400,000? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #591468 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=591468\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 400000=P(1.02625)^(4*10)<BR>\n" );
document.write( "400000/2.8192=P<BR>\n" );
document.write( "P=141,884.22 </SPAN>\n" );
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