Question 853298
Principal P =	x												
Amount=	6500												
years=n	8												
compounded	4	times a year											
Rate =	10.00			(0.100	)								
Amount =	P*((n+r)/n)^n												
													
6500	=	x	*(	1	+	r/n	)^	n					
													
													
6500	=	P	(	1	+	0.100	/	4	)	^	4	*	8
													
6500	=	P(	1.02500	)^	32								
													
6500	/(	1.03	)^	32	=	P							
													
P=	2949.51