document.write( "Question 1206608: 1.If you need $20000 six years from now, what is the minimum amount of money you need to deposit into a bank account that pays 3% annual interest COMPOUNDED? a) yearly b) monthly c) daily( 365 days).\r
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Algebra.Com's Answer #844170 by ikleyn(52776)\"\" \"About 
You can put this solution on YOUR website!
.\r
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\n" ); document.write( "\n" ); document.write( "a TWIN problem was solved yesterday under this link\r
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\n" ); document.write( "\n" ); document.write( "https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1206586.html\r
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\n" ); document.write( "\n" ); document.write( "Consider it as your TEMPLATE and solve this current problem in the same way.\r
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