Question 1203922
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<pre>

    3900 = {{{X*(1+0.05/4)^(4*12)}}}


      X  = {{{3900/(1+0.05/4)^(48)}}} = 2,148.34  dollars.    <U>ANSWER</U>
</pre>

Solved.


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For all details and explanations, &nbsp;look into these two lessons

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compounded interest percentage problems</A> 

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/logarithm/Problems-on-discretely-compound-accounts.lesson>Problems on discretely compound accounts</A> 

in this site, &nbsp;and learn the subject from there.


After reading these lessons, &nbsp;you will tackle such problems on your own without asking for help from outside.