document.write( "Question 1185784: How much money should I invest to the nearest cent at 6%/a compounded monthly to have $20,000 in 4 years?
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Algebra.Com's Answer #816621 by ikleyn(52778) $\"\"$ $\"About$

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document.write( "    20000 = \r\n" );
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document.write( "    20000 = \r\n" );
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document.write( "    20000 = \r\n" );
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document.write( "    X =  = 15,741.97  dollars.    ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems on compounded interest accounts, look into the lesson\r
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\n" ); document.write( "\n" ); document.write( "Learn the subject from there.\r
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