document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1118056>Question 1118056</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Belle, who has just started her first full-time salary job is determined to have $1 million in her account by the time she retires.  She is now 25 and hopes to retire at 65 years of age.  Her investments have been earning 5.25% annual return and she thinks it’s realistic that can be maintained.  How much would Belle have to put aside each month, in order to reach her goal?\r<BR>\n" );
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document.write( "I have been trying endlessly to get this answer but I always get it wrong on my submission. My answer I arrived at is 	<BR>\n" );
document.write( "7786.37. From doing this\r<BR>\n" );
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document.write( "PMT = 1,000,000 / ((1 + 0.0525)^40 -1 )/ 0.0525 Since the annual rate is 5.25%, I arrived at the answer 7786.37, but the website I am submiting to counts it as wrong. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #733282 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10555)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=733282\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "Belle, who has just started her first full-time salary job is determined to have $1 million in her account by the time she retires.  She is now 25 and hopes to retire at 65 years of age.  Her investments have been earning 5.25% annual return and she thinks it’s realistic that can be maintained.  How much would Belle have to put aside each month, in order to reach her goal?\r<BR>\n" );
document.write( "\n" );
document.write( "I have been trying endlessly to get this answer but I always get it wrong on my submission. My answer I arrived at is 	<BR>\n" );
document.write( "7786.37. From doing this\r<BR>\n" );
document.write( "\n" );
document.write( "PMT = 1,000,000 / ((1 + 0.0525)^40 -1 )/ 0.0525 Since the annual rate is 5.25%, I arrived at the answer 7786.37, but the website I am submiting to counts it as wrong.<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">Monthly payment: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28%22%24613.70%22%29 ALIGN=MIDDLE  ALT=\"highlight_green%28%22%24613.70%22%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Solver gave you the correct formula. <BR>\n" );
document.write( "Just to show you how off you are: Depositing $7,786.37 per month would yield $12,687,513.78 in 40 years. </SPAN>\n" );
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