document.write( "Question 1033462: tuition of $1790 due in 8 months,what amount should be deposited today at 7.98% to have enough to pay total tuition \n" ); document.write( "

Algebra.Com's Answer #648096 by josmiceli(19441) $\"\"$ $\"About$

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Let $\"+x+\"$ = amount deposited today
\n" ); document.write( " $\"+x++%2B+%288%2F12%29%2A%28++.0798x+%29+=+1790+\"$
\n" ); document.write( " $\"+x%2A%28+1+%2B+%282%2F3%29%2A.0798+%29+=+1790+\"$
\n" ); document.write( " $\"+x%2A%28+1+%2B+.0532+%29+=+1790+\"$
\n" ); document.write( " $\"+x+=+1790+%2F+1.0532+\"$
\n" ); document.write( " $\"+x+=1699.58+\"$
\n" ); document.write( "$1,699.58 should be deposited today \n" ); document.write( "

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