SOLUTION: How much should be invested now at 2.6% compounded semiannually to have $37000 in 10 years?

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Question 1181326: How much should be invested now at 2.6% compounded semiannually to have $37000 in 10 years?
Answer by ikleyn(52893) About Me  (Show Source):
You can put this solution on YOUR website!
.

Go to the lesson

    - Compounded interest percentage problems

in this site.

Find the full theory and TWINS solved problems to yours.

Consider them as your TEMPLATES.

Having these templates in front of you, solve your problem in the same way.


After reading this lesson, you will tackle such problems on your own without asking for help from outside.