SOLUTION: Hello Tutors, This is a homework question I cannot seem to figure out. Find the PRESENT VALUE (P). Round your answer at the very end. If you round before you get to the final an

Question 1018866: Hello Tutors,
This is a homework question I cannot seem to figure out. Find the PRESENT VALUE (P). Round your answer at the very end. If you round before you get to the final answer, there is a good chance you will encounter a rounding error. Be sure to show all steps in your work and describe what your answer means.
b. Also find how much you would have to invest initially if you only save for half the number of years given in your problem.
A = 15,000, r = .06, n = 17
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

.
.
.
Half the number of years? You have an odd number of years.
8 years,

9 years,

RELATED QUESTIONS
"Please help!!! I cannot figure out the answer to this question. I've tried different... (answered by MathLover1,stanbon)

1. Q horseshoe R 2. ~P 3. P v Q /R 4. (answered by jim_thompson5910)

Hello! I am having a difficult time trying to figure out exactly how to graph this... (answered by lwsshak3)

For this formula find the (a)vertex; (b)axis of symmetry;(c)determine whether there is a... (answered by nabla)

Hello! I am having trouble with my algebra homework. On one of the equasions we need to... (answered by stanbon)

am trying to figure out a problem, that I cannot, for the life of me seem to answer by... (answered by dolly)

I need help asap with this questions, i cant seem to figure it out. Given that x is a (answered by stanbon)

Okay This was a two part question I got the second part correct but cannot seem to get... (answered by solver91311)