document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1110732>Question 1110732</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Your parents started depositing $90 each month, from the day of your birth (first deposit made when you were born). How much money do you have at age 18 with monthly compounding at a rate of 10%? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #725801 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52803)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=725801\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
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document.write( "How much money do you have at age 18 = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=90%2A%281%2B0.1%2F12%29%2A%28%281%2B0.1%2F12%29%5E%2818%2A12%29-1%29%2F%280.1%2F12%29 ALIGN=MIDDLE  ALT=\"90%2A%281%2B0.1%2F12%29%2A%28%281%2B0.1%2F12%29%5E%2818%2A12%29-1%29%2F%280.1%2F12%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 54501.11 dollars.\r\n" );
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document.write( "For the theory and details see the lesson\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Annuity-due-saving-plans-and-geometric-progressions.lesson>Annuity Due saving plans and geometric progressions</A>\r<BR>\n" );
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document.write( "in this site.\r<BR>\n" );
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document.write( "Also, &nbsp;you have this free of charge online textbook in ALGEBRA-II in this site\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson>ALGEBRA-II - YOUR ONLINE TEXTBOOK</A>.\r<BR>\n" );
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document.write( "The referred lesson is the part of this online textbook under the topic <U>\"Geometric progressions\"</U>.\r<BR>\n" );
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document.write( "Save the link to this textbook together with its description\r<BR>\n" );
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document.write( "Free of charge online textbook in ALGEBRA-II<BR>\n" );
document.write( "https://www.algebra.com/algebra/homework/complex/ALGEBRA-II-YOUR-ONLINE-TEXTBOOK.lesson\r<BR>\n" );
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document.write( "into your archive and use when it is needed.\r<BR>\n" );
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document.write( "Calculations by @stanbon are incorrect.\r<BR>\n" );
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document.write( "It is easily seen by an unarmed eye from the first glance.\r<BR>\n" );
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document.write( "The reason (the cause) why they are incorrect is in using WRONG/IRRELEVANT formula.\r<BR>\n" );
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