Question 195998
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Working Eqn ---> {{{F=P(1+i/m)^(mn)}}}
where,{{{system(F=Future_Amount=75000,P=Principal,i=interest=0.049,m=compounded_per_year=2,n=years=15)}}}



Isolate P:
{{{F/(1+i/m)^(mn)=P*cross((1+i/m)^(mn))/cross((1+i/m)^(mn))}}}
{{{P=F(1+i/m)^(-mn)=75000(1+0.049/2)^(-2*15)}}}
{{{P=75000(1.0245)^-30=75000(0.4837724)}}}
{{{highlight(red(P=36282.933))}}}, Answer



Thank you,
Jojo</font>