Question 1129903
{{{ 50000 = P*( 1 + .045/4 )^( 4*25 ) }}}
{{{ 50000 = P*1.01125^100 }}}
{{{ 50000 = P*3.06093 }}}
{{{ p = 16334.90 }}}
They would have to bank $16,334.90
check the math