Question: please solve this question Q No.2 You need $30,750 at the end of eight years, bank is offering you 12 percent interest on your deposit

please solve this question Q No.2 You need $30,750 at the

please solve this question

Q No.2 You need $30,750 at the end of eight years, bank is offering you 12 percent interest on your deposit (compounded annually). How much amount should you deposit? Present value = Future value / (1+r) t

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