document.write( "Question 108282: I need help with this question. I have puzzled my brain for too long.\r
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document.write( "How much should be invested at 8% compounded semiannually in order to have $5000 at the end of 8 years. Thanks, \n" );
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Algebra.Com's Answer #78896 by scott8148(6628) You can put this solution on YOUR website! there are 16 compounding periods at 4% each ... let x=\"amount invested\"\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "5000=x(1.04)^16 \n" ); document.write( " |