document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1075876>Question 1075876</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you have a newborn baby and you want to start a college fund for when the baby is 18 years old. If you are able to get an APR of 4.68% and you feel that you can save $250 a month, how much would be in the college fund at the end of 18 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #690578 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=690578\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> your time periods are in months.\r<BR>\n" );
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document.write( "your number of months is 18 * 12 = 216<BR>\n" );
document.write( "your monthly interest rate percent = 4.68% / 12 = .39%\r<BR>\n" );
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document.write( "you would use the following time value of money calculator.\r<BR>\n" );
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document.write( "<a  rel=nofollow HREF= \"https://arachnoid.com/finance/\" target = \"_blank\">https://arachnoid.com/finance/</a>\r<BR>\n" );
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document.write( "your inputs will be as shown below:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2017/040904.jpg\" alt=\"$$$\" </>\r<BR>\n" );
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document.write( "your output will be as shown below:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2017/040905.jpg\" alt=\"$$$\" </>\r<BR>\n" );
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document.write( "you would have $84,495.62 in the college fund at the end of 18 years.\r<BR>\n" );
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