document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1083711>Question 1083711</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Becky would like to have at least $250,000 saved for her daughters college education. If she invests $80,000 in an education account paying 7.15% interest compounded quarterly, will she reach her goal in 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 #697739 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=697739\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 80,000(1+(0.0715/4)^(4*18) = \r<BR>\n" );
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document.write( "80,000 (1+(0.0179)^72) = 208,400 Becky will fall short of her goal by 250,000-208,400 = 41,600 </SPAN>\n" );
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