document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1166602>Question 1166602</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much would you need to deposit in an account now in order to have $4000 in the account in 5 years? Assume the account earns 7% interest compounded quarterly. Round your answer to the nearest cent.\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #791114 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39617)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=791114\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Yearly interest,  7%<BR>\n" );
document.write( "Quarterly interest, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=7%2F4 ALIGN=MIDDLE  ALT=\"7%2F4\"   DISABLED_style= \"max-width:90%; height:auto;\" >% or 1.75%<BR>\n" );
document.write( "5 years is 20 compounding periods.<BR>\n" );
document.write( "x, initial one time deposit to earn interest\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%2A1.0175%5E20=4000 ALIGN=MIDDLE  ALT=\"x%2A1.0175%5E20=4000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Solve this for x. </SPAN>\n" );
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