SOLUTION: : Debbie plans on investing enough money so that she will have $2000 at the end of four years. How much money will she have to invest now if her money will grow according to the fo

Algebra ->  Circles -> SOLUTION: : Debbie plans on investing enough money so that she will have $2000 at the end of four years. How much money will she have to invest now if her money will grow according to the fo      Log On


   



Question 368193: : Debbie plans on investing enough money so that she will have $2000 at the end of four years. How much money will she have to invest now if her money will grow according to the following formula: 2000 = P (1.025)^4?
Answer by Fombitz(32388) About Me  (Show Source):