document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=974540>Question 974540</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much must you deposit today to withdraw M9000 in 5years if simple interest of 5% is earned  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #596416 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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/cgi-bin/show-face.mpl?user=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=596416\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A= Amount<BR>\n" );
document.write( "C= Initial capital<BR>\n" );
document.write( "r= interest rate<BR>\n" );
document.write( "n= number of years<BR>\n" );
document.write( "............<BR>\n" );
document.write( "simple interest:<BR>\n" );
document.write( "A= C(1+r)^n<BR>\n" );
document.write( "................<BR>\n" );
document.write( "9000= C(1+0.05)^5<BR>\n" );
document.write( "9000= C(1.05)^5<BR>\n" );
document.write( "9000= C(1.27) Divide both sides by 1.276<BR>\n" );
document.write( "9000/1.276= C<BR>\n" );
document.write( "C= 7053.29 is the initial amount you need\r<BR>\n" );
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