2) how much money should be deposited today in an account that earns 8% conpounded monthly so that it will accumulate to

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answerhappygod
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2) how much money should be deposited today in an account that earns 8% conpounded monthly so that it will accumulate to

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2) how much money should be deposited today in an account that earns 8% conpounded monthly so that it will accumulate to $11,000 in 3 years?
3) how much money should be deposited today in an account that earns 5% compounded semianually so that it will accumulate to $15,000 in 3 years?
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