document.write( "Question 814240: How much money would need to be deposited into an account earning 5.25% interest compounded annually in order for the accumulated value at the end of 25 years to be $75,000? \n" ); document.write( "

Algebra.Com's Answer #490186 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
\n" );
document.write( "Hi,
\n" );
document.write( " 
\n" );
document.write( "In General 
\n" );
document.write( "A = Accumulated Amount $75,000
\n" );
document.write( "P= principal = 
\n" );
document.write( "r= annual rate = .0525
\n" );
document.write( "n= periods per year = 1 (annually)
\n" );
document.write( "t= years = 25
\n" );
document.write( " 
\n" );
document.write( "0r   \n" );
document.write( "

\n" );