document.write( "Question 869408: how much money should be deposited today in an account that earns 4.5% compounded monthly so that it will accumulate to 15000 in three years \n" ); document.write( "
Algebra.Com's Answer #524184 by Fombitz(32388)\"\" \"About 
You can put this solution on YOUR website!
\"15000=P%281%2B0.045%2F12%29%5E%2812%2A3%29\"
\n" ); document.write( "\"15000=P%281.14424783%29\"
\n" ); document.write( "\"P=13109.05\"
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