follow this example
http://www.jiskha.com/display.cgi?id=1301189739
How much did you invest at 9% compounded bi-weekly if 10 years later the investment is worth $54,000?
2 answers
I thought it was the same question, but it is not
let the investment be x
i = .06/26 = .0023077
n = 10(26) = 260
x(1.0023077^260) = 54000
solve for x
let the investment be x
i = .06/26 = .0023077
n = 10(26) = 260
x(1.0023077^260) = 54000
solve for x