document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1153013>Question 1153013</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You have $500,000 saved for retirement. Your account earns 10% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #775236 by </B><A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><B>ankor@dixie-net.com(22740)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><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=ankor@dixie-net.com><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=775236\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  You have $500,000 saved for retirement.<BR>\n" );
document.write( " Your account earns 10% interest.<BR>\n" );
document.write( " How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?<BR>\n" );
document.write( ":<BR>\n" );
document.write( "The formula<BR>\n" );
document.write( "A = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%281-%281%2B%28r%2Fn%29%29%5E%28-nt%29%29%2F%28r%2Fn%29%29 ALIGN=MIDDLE  ALT=\"P%281-%281%2B%28r%2Fn%29%29%5E%28-nt%29%29%2F%28r%2Fn%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >, where<BR>\n" );
document.write( "A = original amt<BR>\n" );
document.write( "P = payment<BR>\n" );
document.write( "r = interest rate in decimal form<BR>\n" );
document.write( "n = no. of periods per year<BR>\n" );
document.write( "t = no. of years<BR>\n" );
document.write( ":<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%281-%281%2B%28.1%2F12%29%29%5E%28-12%2A20%29%29%2F%28.1%2F12%29%29 ALIGN=MIDDLE  ALT=\"P%281-%281%2B%28.1%2F12%29%29%5E%28-12%2A20%29%29%2F%28.1%2F12%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 500000<BR>\n" );
document.write( ":<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%281-%281.0083333%29%5E%28-240%29%29%2F%28.1%2F12%29%29 ALIGN=MIDDLE  ALT=\"P%281-%281.0083333%29%5E%28-240%29%29%2F%28.1%2F12%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 500000<BR>\n" );
document.write( ":<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%281-.1364616192%29%2F%28.1%2F12%29%29 ALIGN=MIDDLE  ALT=\"P%281-.1364616192%29%2F%28.1%2F12%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 500000<BR>\n" );
document.write( ":<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%28.863538488%29%2F.00833333%29 ALIGN=MIDDLE  ALT=\"P%28.863538488%29%2F.00833333%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 500000<BR>\n" );
document.write( ":<BR>\n" );
document.write( "103.6246P = 500000<BR>\n" );
document.write( "P = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=500000%2F.1036246 ALIGN=MIDDLE  ALT=\"500000%2F.1036246\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "P = $4825.11 taken each month for 20 yrs </SPAN>\n" );
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