SOLUTION: How much would you need to deposit in an account now in order to have $20000 in the account in 4 years? Assume the account earns 5% interest. I am having trouble setting up the p

Algebra.Com
Question 842006: How much would you need to deposit in an account now in order to have $20000 in the account in 4 years? Assume the account earns 5% interest. I am having trouble setting up the problem to solve it.
Answer by Fombitz(32388)   (Show Source): You can put this solution on YOUR website!


Take it from there and solve for C.

RELATED QUESTIONS

How much would you need to deposit in an account now in order to have $20,000 in the... (answered by Alan3354)
how much would you need to deposit in an account now in order to have $6000 in the... (answered by stanbon)
how much would you need to deposit in an account now in order to have $6000 in the... (answered by Theo)
How much would you need to deposit in an account now in order to have $4000 in the... (answered by ikleyn,josgarithmetic)
How much would you need to deposit in an account now in order to have $6000 in the... (answered by ikleyn)
How much would you need to deposit in an account now in order to have $3000 in the... (answered by math_tutor2020)
How much would you need to deposit in an account now in order to have $5000 in the... (answered by josgarithmetic)
How much would you need to deposit in an account now in order to have $4000 in the... (answered by ikleyn)
how much would you need to deposit in an account now in order to have $4,000.00 in the... (answered by galactus)