document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1201297>Question 1201297</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much would you need to deposit in an account now in order to have $4000 in the account in 15 years? Assume the account earns 3% interest compounded monthly.\r<BR>\n" );
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document.write( "$____ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #835596 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39618)</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=835596\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> p quantity for 15 years at 3% compounded monthly\r<BR>\n" );
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document.write( "Monthly rate is  (1/4)% or  0.0025.<BR>\n" );
document.write( "15 years is 180 monthly compounding periods.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4000=p%281.0025%29%5E180 ALIGN=MIDDLE  ALT=\"4000=p%281.0025%29%5E180\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Solve for p. </SPAN>\n" );
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