document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1140189>Question 1140189</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Jerome will be buying a used car for ​$7,000 in 3 years. How much money should he ask his parents for now so​ that, if he invests it at 8​% compounded <BR>\n" );
document.write( "continuously​, he will have enough to buy the​ car?\r<BR>\n" );
document.write( "\n" );
document.write( "Jerome should ask for $__ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #760820 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=760820\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x*e^(0.08*3)=7000<BR>\n" );
document.write( "x*e^0.024=7000<BR>\n" );
document.write( "x=7000/1.271 (round at end)<BR>\n" );
document.write( "=$5506.40 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );