Try Another Version of This Question

How much would you need to deposit in an account now in order to have $2000 in the account in 15 years? Assume the account earns 3% interest compounded monthly.

$

$

Get help: VideoVideo

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172

Enter DNE for Does Not Exist, oo for Infinity