finance
posted by maria on .
How much would I have to put away annually to accumulate 50,000 in 8 years given an investment of 10% compounding savings?

let the payment be x
50000=x(1  (1.1)^8)/.1
let me know if you don't get $9372.20 
Pva= ammount[(1+i)^1]
________ = _
I
Pva=50000[(1+0.10)81
____________ =
0.10