Question 1175026
<pre><font face = "consolas" color = "indigo" size = 3><b>
Hi
Previously solved
In General {{{A(t) = P(1+r/n)^(nt)}}} 0r {{{ P = A/((1+r/n)^(nt))}}}
A = Accumulated Amount
P= principal = 
r= annual rate = .06
n= periods per year = 12
t= years =3
 {{{ P = 10000/((1+.06/12)^(36))}}}

 {{{ P = 10000/((1.005)^(36))}}} = $8356.45

Wish You the Best in your Studies.
</font></b></pre>