document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1198885>Question 1198885</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that you’d like to retire in 40 years and you want to have a future value of $ 500000 in a savings account. Also suppose that your employer makes regular monthly payments into your retirement account.<BR>\n" );
document.write( "If you can expect an APR of 7% for your account, how much do you need your employer to deposit each month?\r<BR>\n" );
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document.write( "Employer Contribution =  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #832557 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=832557\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "There is a lesson at this forum, &nbsp;free of charge, &nbsp;where similar problems are solved <BR>\n" );
document.write( "and the solution method is described in all details. &nbsp;So, &nbsp;these solutions are your &nbsp;TEMPLATES.\r<BR>\n" );
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document.write( "This lesson  is\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Solved-problem-on-Ordinary-Annuity-saving-plans.lesson>Solved problems on Ordinary Annuity saving plans</A>, \r<BR>\n" );
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document.write( "the problems are 4 an 5 of this lesson.\r<BR>\n" );
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document.write( "Substitute your numbers into the formulas and make necessary calculations using your calculator.\r<BR>\n" );
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document.write( "If you want to learn relevant theory, &nbsp;it is given in the lesson\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Ordinary-Annuity-saving-plans-and-geometric-progressions.lesson>Ordinary Annuity saving plans and geometric progressions</A>\r<BR>\n" );
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document.write( " </SPAN>\n" );
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