document.write( "Question 805714: calculate the amount that must be invested to yield $250000 after 25 years at 6% p.a. compounded fortnightly\r
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Algebra.Com's Answer #485421 by rfer(16322) ![]() You can put this solution on YOUR website! 250000=(P(1+0.06/26)^26*25 \n" ); document.write( "250000=P(1.0023)^650 \n" ); document.write( "250000=P(4.452) \n" ); document.write( "250000/4.452=P \n" ); document.write( "$56154.54=P \n" ); document.write( " |