document.write( "Question 1072699: How much money should be deposited today in an account that earns 6.5 %
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\n" ); document.write( "compounded monthly so that it will accumulate to $ 14,000
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\n" ); document.write( "in three​ years?\r
\n" ); document.write( "\n" ); document.write( " I got 2,478.29 and it is wrong. All i have done is plug it into my calculator.
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Algebra.Com's Answer #687524 by Fombitz(32388)\"\" \"About 
You can put this solution on YOUR website!
\"F=P%281%2Bi%29%5En\"
\n" ); document.write( "\"14000=P%281%2B0.065%2F12%29%5E%283%2A12%29\"
\n" ); document.write( "\"14000=P%281.0054167%29%5E36\"
\n" ); document.write( "\"P=14000%2F1.214673\"
\n" ); document.write( "\"P=11525.74\"
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