document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1169541>Question 1169541</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need this answered for my exam plz hurry if you can\r<BR>\n" );
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document.write( "Jennifer wants to take a trip to Europe when she graduates from high school in 3 years. After doing some research, Jennifer has found that she can place her money in an investment with an interest rate of 4.8%/a, compounded quarterly. How much money must Jennifer put into investment now if she required $4000 to take her trip? <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 #794326 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=794326\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Jennifer wants to take a trip to Europe when she graduates from high school in 3 years.<BR>\n" );
document.write( " After doing some research, Jennifer has found that she can place her money in an investment with an interest rate of 4.8%/a, compounded quarterly.<BR>\n" );
document.write( " How much money must Jennifer put into investment now if she required $4000 to take her trip?<BR>\n" );
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document.write( "The compound interest formula: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+Ao%281%2B%28r%2Fn%29%29%5E%28t%2An%29 ALIGN=MIDDLE  ALT=\"A+=+Ao%281%2B%28r%2Fn%29%29%5E%28t%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > where<BR>\n" );
document.write( "A = Amt after t yrs<BR>\n" );
document.write( "Ao = initial amt<BR>\n" );
document.write( "r = interest rate in decimal form<BR>\n" );
document.write( "n = compounding period per year<BR>\n" );
document.write( "t = no. of years<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Ao%281%2B%28.048%2F4%29%29%5E%283%2A4%29+=+4000 ALIGN=MIDDLE  ALT=\"Ao%281%2B%28.048%2F4%29%29%5E%283%2A4%29+=+4000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Ao%281.012%29%5E12+=+4000 ALIGN=MIDDLE  ALT=\"Ao%281.012%29%5E12+=+4000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "use you calc to find 1.012 to the 12th<BR>\n" );
document.write( "Ao * 1.1539 = 4000<BR>\n" );
document.write( "Ao = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4000%2F1.1539 ALIGN=MIDDLE  ALT=\"4000%2F1.1539\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Ao = $3,466.50 has to be in invested to have 4k in 3 years </SPAN>\n" );
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