Question 609164
  <pre><font face = "Tohoma Ital" size = 3 color = "indigo"><b> 
Hi
5% annual interest compounded quarterly. 
In General {{{A = P(1+r/n)^nt}}}
A = Accumulated Amount = 75,000
P= principal = P
r= annual rate = .05
n= periods per year = 4
t= years = 8
{{{A/(1+r/n)^nt =P }}}
{{{75000/(1+.05/4)^32=P }}}
{{{75000/(1.125)^32=P }}}= $1730.54