document.write( "Question 1186027: Future Value of an Annuity:\r
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\n" ); document.write( "\n" ); document.write( "F equals R cross times fraction numerator left square bracket left parenthesis 1 plus i right parenthesis to the power of n minus 1 right square bracket over denominator i end fraction\r
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\n" ); document.write( "\n" ); document.write( "Sinking Fund:\r
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\n" ); document.write( "\n" ); document.write( "R equals F cross times left parenthesis fraction numerator i over denominator left square bracket left parenthesis 1 plus i right parenthesis to the power of n minus 1 right square bracket end fraction right parenthesis\r
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\n" ); document.write( "\n" ); document.write( "Where \r
\n" ); document.write( "\n" ); document.write( "F = future value of the annuity\r
\n" ); document.write( "\n" ); document.write( "R = periodic payment\r
\n" ); document.write( "\n" ); document.write( "i = r/k\r
\n" ); document.write( "\n" ); document.write( "n = t*k\r
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\n" ); document.write( "\n" ); document.write( "A new mother would like to start a college fund for her newborn daughter. She makes quarterly deposits of $500 into a college fund that earns 6% compounded quarterly for the next 18 years. \r
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\n" ); document.write( "\n" ); document.write( "How much will her daughter have available in her college fund when she turns 18? $
\n" ); document.write( " Round to the nearest dollar\r
\n" ); document.write( "\n" ); document.write( "What is the total amount the mother deposited into the fund over the 18 years? $
\n" ); document.write( " Round to the nearest dollar\r
\n" ); document.write( "\n" ); document.write( "How much interest was earned over the 18 years? $
\n" ); document.write( " Round to the nearest dollar\r
\n" ); document.write( "\n" ); document.write( "Use the WHOLE DOLLAR AMOUNTS you entered in as your answers above. \r
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Algebra.Com's Answer #816889 by ikleyn(52786)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "Hello,\r
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\n" ); document.write( "\n" ); document.write( "if you just know the formula,  what do you want from the tutors ?\r
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        Do you want the tutors make YOUR JOB ?\r
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\n" ); document.write( "\n" ); document.write( "              Under your guidance ? ? ?

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\n" ); document.write( "\n" ); document.write( "Please clarify . . . \r
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