document.write( "Question 280019: Please solve this word problem: How much money should parents deposit today in a college fund earning 5% compound quarterly, so that it will accumulate to $150,000.00 in 15 years? \n" ); document.write( "
Algebra.Com's Answer #854169 by josgarithmetic(39790)\"\" \"About 
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Quarterly rate is 1.25%.
\n" ); document.write( "Fifteen years for the investment is 60 compounding periods.\r
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\n" ); document.write( "\n" ); document.write( "p, how much money to invest today\r
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\n" ); document.write( "\n" ); document.write( "\"p%2A%281.0125%29%5E60=150000\"\r
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\n" ); document.write( "\n" ); document.write( "\"p=150000%2F%281.0125%5E60%29\"\r
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