Monday

January 26, 2015

January 26, 2015

Posted by **Megan** on Saturday, March 26, 2011 at 9:54pm.

- Math -
**Reiny**, Saturday, March 26, 2011 at 10:03pmfollow this example

http://www.jiskha.com/display.cgi?id=1301189739

- check - Math -
**Reiny**, Saturday, March 26, 2011 at 10:06pmI 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

**Answer this Question**

**Related Questions**

Math - If you invest $9,000 at 6% compounded bi-weekly, after how many years, ...

Math - How much did you invest each month at 6.60% compounded monthly if 25 ...

Ma - How much did you invest each month at 6.10% compounded monthly if 10 years ...

matttth help please - 1. Mike wants to invest money every month for 40 years. ...

Math - Tom and Lana both need $15,000 in 3 years. Tom finds an investment in ...

math - Sally invests some money at 65%/a compounded annually. After 5 years . ...

math - Sally invests some money at 65/a compounded annually. After 5 years . she...

math - Sally invests some money at 6%/a compounded annually. After 5 years, she ...

Calc. - Using calculus: If you invest $5000 compounded continuously at 4% p.a. ...

math - The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded ...