Question 1084872
{{{ F = P * (1+r/n)^(nt) }}}

where:
F=future value
P=present value
r=rate (as a decimal)
n=number of compounding periods per year
t=number of years
————

{{{ 35000 = P (1+0.08/12) ^ (12*6) }}}
{{{ 35000 = P  (1.00666667)^72 }}}
{{{  P = 35000/(1.00666667)^72 = 35000/1.6135026 = highlight_green(21691.94) }}}