document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=130843>Question 130843</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose at age 16 you decided to invest $5.00 in a fund that pays 8% interest compounded annually. How much money will have accrued in the fund when you retire at age 65? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #95593 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley71><B>checkley71(8403)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley71><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=95593\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> p(1+r)^t<BR>\n" );
document.write( "5(1+.08)^65-16<BR>\n" );
document.write( "5(1.08)^49<BR>\n" );
document.write( "5*42.427<BR>\n" );
document.write( "$217 will be accumulated @ age 65.<BR>\n" );
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document.write( "Not much to live on!!!!!!! </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );