Question 596055
{{{A = P(1 + r/n)^(nt)}}}


{{{50000 = P(1 + 0.03/365)^(365*20)}}}


{{{50000 = P(1 + 0.00008219178082)^(365*20)}}}


{{{50000 = P(1 + 0.00008219178082)^(7300)}}}


{{{50000 = P(1.00008219178082)^(7300)}}}


{{{50000 = P(1.82207387445081)}}}


{{{50000/1.82207387445081 = P}}}


{{{27441.2583930334 = P}}}


{{{P = 27441.2583930334}}}


So you'll need to invest <font color="red">$27,441.26</font>