document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1139774>Question 1139774</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Colton's parents want to create a college fund that pays $2,600.00 paid at the end of each quarter for 5 years, if interest is earned at a rate of 5%, compounded quarterly, how much needs to be invested now for this to happen.\r<BR>\n" );
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document.write( "Colton's parents need to invest $________ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #760269 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=760269\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+4%2A5%2A2600+=+52000+ ALIGN=MIDDLE  ALT=\"+4%2A5%2A2600+=+52000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+A%5B0%5D%2A%28+1+%2B+.05%2F4+%29%5E%28+4%2A5%29+ ALIGN=MIDDLE  ALT=\"+52000+=+A%5B0%5D%2A%28+1+%2B+.05%2F4+%29%5E%28+4%2A5%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+A%5B0%5D%2A1.0125%5E20+ ALIGN=MIDDLE  ALT=\"+52000+=+A%5B0%5D%2A1.0125%5E20+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+A%5B0%5D%2A1.28204+ ALIGN=MIDDLE  ALT=\"+52000+=+A%5B0%5D%2A1.28204+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A%5B0%5D+=+40560.44+ ALIGN=MIDDLE  ALT=\"+A%5B0%5D+=+40560.44+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "$40,560.44 should be invested now<BR>\n" );
document.write( "------------------------------------------<BR>\n" );
document.write( "check:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+A%5B0%5D%2A1.0125%5E20+ ALIGN=MIDDLE  ALT=\"+52000+=+A%5B0%5D%2A1.0125%5E20+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+A%5B0%5D%2A1.28204+ ALIGN=MIDDLE  ALT=\"+52000+=+A%5B0%5D%2A1.28204+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+40560.44%2A1.28204+ ALIGN=MIDDLE  ALT=\"+52000+=+40560.44%2A1.28204+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+52000+=+52000.11+ ALIGN=MIDDLE  ALT=\"+52000+=+52000.11+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "error due to rounding off<BR>\n" );
document.write( "Get a 2nd opinion if needed<BR>\n" );
document.write( " </SPAN>\n" );
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