SOLUTION: can someone help me with this problem please: Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $2500 a

Question 161908: can someone help me with this problem please:
Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.
$2500 at 7% compounded annually for 12 years
a. $1187.73
b. $5630.48
c. $1110.03
d. $1389.97
Answer by jojo14344(1513) (Show Source): You can put this solution on YOUR website!

Remember:
Where-----
Continuing,

ANSWER (c)
Thank you,
Jojo
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