Question 1142586
{{{ A = P*( 1 + r/n )^(n*t) }}}
{{{ A = 26000 }}}
{{{ r = .04 }}}
{{{ n = 2 }}}
{{{ t = 9 }}}
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{{{ 26000 = P*( 1 + .04/2 )^(2*9) }}}
{{{ 26000 = P*1.02^18 }}}
{{{ 26000 = 1.4282P }}}
{{{ P = 18204.73 }}}
$18,204.73 should be invested now