Asked by Babydoll2007
How much would you have to deposit today in order to have $5000 in 4 years in a bank account that pays 5% annual interest rate
Answers
Answered by
bobpursley
5000=P*(1.05)^4
put this in your google search engine:
5000/(1.05)^4
put this in your google search engine:
5000/(1.05)^4
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