document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1204398>Question 1204398</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A man wants to set up a 529 college savings account for his granddaughter. How much would he need to deposit each year into the account in order to have $40,000 saved up for when she goes to college in 16 years, assuming the account earns a 7% return.<BR>\n" );
document.write( "what is the annual deposit?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #840627 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39620)</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=840627\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Treat like any investment account that would take yearly deposits. </SPAN>\n" );
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