document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1202016>Question 1202016</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much money should be invested in an account that earns 9% interest, compounded monthly, in order to have $13,000 in 5 years? (Round your answer to two decimal places.)<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 #836683 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39616)</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=836683\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Monthly rate is  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=9%2F12=0.75 ALIGN=MIDDLE  ALT=\"9%2F12=0.75\"   DISABLED_style= \"max-width:90%; height:auto;\" > percent per monthly compounding period.<BR>\n" );
document.write( "Five years holds 60 of these periods.\r<BR>\n" );
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document.write( "How much to be invested to reach 13000 in that time?<BR>\n" );
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document.write( "and you can solve for x. </SPAN>\n" );
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