Mathematics, 04.12.2021 05:40 danielleepham

When a medical student graduates in 8 years, she will need $25,700.00 to buy furniture for her medical office. What amount must she deposit now (at 8%
compounded twice per year) to meet this future obligation? Pls I need help and don’t know what equation to use!

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When a medical student graduates in 8 years, she will need $25,700.00 to buy furniture for her medical office. What amount must she deposit now (at 8% compounded twice per year) to meet this future obligation? Pls I need help and don’t know what equation to use!

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Another question on Mathematics

When a medical student graduates in 8 years, she will need $25,700.00 to buy furniture for her medical office. What amount must she deposit now (at 8%
compounded twice per year) to meet this future obligation? Pls I need help and don’t know what equation to use!