document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1132957>Question 1132957</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Compare the amounts at age 65 that would result from making an monthly deposit of $300 starting at age 16, or from making an monthly deposit of $1750 starting at age 50, to an RRSP that earns 3% interest per annum, compounded monthly. What is the total of the deposits in each situation? What should you do? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #750141 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10552)</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=750141\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "Compare the amounts at age 65 that would result from making an monthly deposit of $300 starting at age 16, or from making an monthly deposit of $1750 starting at age 50, to an RRSP that earns 3% interest per annum, compounded monthly. What is the total of the deposits in each situation? What should you do?<BR>\n" );
document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">Correct answers: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28matrix%282%2C11%2C+Total%2C+deposits%2C+from%2C+age%2C+%2216%3A%22%2C+%22%24176%2C400.00%2C%22%2C+and%2C+accumulated%2C+amount%2C+%22is%3A%22%2C+%22%24400%2C951.68%22%2C+Total%2C+deposits%2C+from%2C+age%2C+%2250%3A%22%2C+%22%24315%2C000.00%2C%22%2C+and%2C+accumulated%2C+amount%2C+%22is%3A%22%2C+%22%24397%2C202.21%22%29%29 ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Can YOU now make a decision? </SPAN>\n" );
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