document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1036405>Question 1036405</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You deposit $40,000 into a retirement account at the age of 20, making an average of 8% annual return. How much will you have at the age of 65? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #651063 by </B><A HREF=/tutors/aboutme.mpl?userid=Aldorozos><B>Aldorozos(172)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Aldorozos><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=651063\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> This is called the Future Value problem. FV=PV(1+r)^n where PV is the present value (40000). R is the rate (8%) and n is the number of years (65-20=45).<BR>\n" );
document.write( "Use the following calculator<BR>\n" );
document.write( "http://www.investopedia.com/calculator/fvcal.aspx<BR>\n" );
document.write( " \r<BR>\n" );
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document.write( "to get $1,276,817.98 </SPAN>\n" );
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