document.write( "Question 1148660: An investment company pays 8% compounded semiannually. You want to have $22000 in the future. \n" ); document.write( "

Algebra.Com's Answer #770016 by josmiceli(19441) $\"\"$ $\"About$

You can put this solution on YOUR website!
$\"+22000+=+P%2A%28+1+%2B+.08%2F2+%29%5E%28+2t+%29+\"$
\n" ); document.write( "If you want $22,000 in 10 yrs,
\n" ); document.write( " $\"+22000+=+P%2A%28+1+%2B+.04%29%5E%28+2%2A10%29+\"$
\n" ); document.write( " $\"+22000+=+P%2A1.04%5E20+\"$
\n" ); document.write( " $\"+22000+=+P%2A2.191+\"$
\n" ); document.write( " $\"+P+=+10041.08+\"$
\n" ); document.write( "If you invest $10,041.08 now, you will have $22,000
\n" ); document.write( "in ten years \n" ); document.write( "

\n" );