document.write( "Question 1186026: How much money would you need to deposit now (Principal) in order to have $6,000 in your account for a vacation in 8 years? Assume the account earns 6% interest compounded monthly. Round your answer to the nearest hundredths place. \r
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Algebra.Com's Answer #816926 by Alan3354(69443)\"\" \"About 
You can put this solution on YOUR website!
\"6000+=+P%2A%281+%2B+0.06%2F12%29%5E%288%2A12%29\" = \"P%2A1.005%5E96\"
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