document.write( "Question 800829: how much should you invest at 7% interest compounded annually, so that $5000 will be available in 4 years? \n" ); document.write( "
Algebra.Com's Answer #483325 by rfer(16322) ![]() You can put this solution on YOUR website! 5000=P(1.07)^4 \n" ); document.write( "5000=P(1.311) \n" ); document.write( "5000/1.311=P \n" ); document.write( "3813.88=P \n" ); document.write( " |