document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1194734>Question 1194734</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You would like to have $900,000 when you retire in 35 years. How much should you invest each quarter if you can earn a rate of 5.4% compounded quarterly? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #826991 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=826991\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> you would need to invest 2194.65 at the end of each quarter.<BR>\n" );
document.write( "you can use the calculator at <a  rel=nofollow HREF= \"https://arachnoid.com/finance/index.html\" target = \"_blank\">https://arachnoid.com/finance/index.html</a> to confirm.<BR>\n" );
document.write( "results from using this calculator are shown below:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2022/060601.jpg\"><BR>\n" );
document.write( "inputs are everything except pmt.<BR>\n" );
document.write( "output is pmt.<BR>\n" );
document.write( "you would set pv to 0, fv to 900,000, np to 35 years * 4 quarters per year = 140, interest rate per quarter = 5.4% per year / 4 = 1.35% per quarter, payments are made at the end of each quarter.<BR>\n" );
document.write( "let me know if you have any questions.<BR>\n" );
document.write( "theo<BR>\n" );
document.write( " </SPAN>\n" );
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