document.write( "Question 1035882: please help me I never and still isn't good on doing these problems. Thanks in advance. \r
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document.write( "How much you must deposit in an account that pays 6.25% interest, compounded annually to have a balance of $700.00 after 2 years.\r
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Algebra.Com's Answer #650469 by josgarithmetic(39618)![]() ![]() ![]() You can put this solution on YOUR website! Look at this year by year, since 1 year is the compounding period.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "p, principle to start\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "FIRST YEAR END \n" ); document.write( "balance is \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "SECOND YEAR END \n" ); document.write( "Balance is \n" ); document.write( "- \n" ); document.write( "Simplify this expression. \n" ); document.write( "Equate the expression to 700.00 dollars. \n" ); document.write( "Solve for p. \n" ); document.write( " |