Question 1173698
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Hi,
In General {{{A(t) = P(1+r/n)^(nt)}}}  0r {{{P = A(t)/((1+r/n)^(nt))}}}
A = Accumulated Amount $12,000
P= principal = 
r= annual rate = .041
n= periods per year = 12
t= years = 5
 {{{P = 12000/((1+.041/12)^(60))}}}
Calculate P 
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