document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1148193>Question 1148193</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Julie won $200 000 in a lottery! She estimates that to live comfortably she will need to withdraw $5000 per month for the next 50 years. Her savings Account earns 4.25%, compounded monthly. Can Julie afford to retire and live off her lottery winnings? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #769582 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=769582\">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=+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+ ALIGN=MIDDLE  ALT=\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+200000%2A%28+1+%2B+.0425%2F12+%29%5E%28+12%2A50%29+ ALIGN=MIDDLE  ALT=\"+A+=+200000%2A%28+1+%2B+.0425%2F12+%29%5E%28+12%2A50%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+200000%2A1.0035417%5E600+ ALIGN=MIDDLE  ALT=\"+A+=+200000%2A1.0035417%5E600+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+200000%2A8.34152+ ALIGN=MIDDLE  ALT=\"+A+=+200000%2A8.34152+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+A+=+1668304.65+ ALIGN=MIDDLE  ALT=\"+A+=+1668304.65+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "She will end up with $1,668,304.65, but she needs<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+50%2A12%2A5000+=+3000000+ ALIGN=MIDDLE  ALT=\"+50%2A12%2A5000+=+3000000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "$3,000,000, so she can't live off the winnings<BR>\n" );
document.write( "Get a 2nd opinion if needed<BR>\n" );
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