Question Type 3: Finding the initial value of an investment given final value of returns after n years in the bank under compound interest Exercises

Find the principal needed to grow to $5000$ in $3$ years at $6\%$ interest compounded annually.

Find the initial principal $P$ required to accumulate to a final value of $5000$ in $5$ years at an annual interest rate of $5\%$ compounded annually.

Determine the initial amount required to reach $5000$ in $3$ years at $6\%$ interest compounded semiannually.

Find the initial deposit needed to reach $10000$ after $8$ years at an annual rate of $4\%$ compounded annually.

Determine the initial investment needed to reach $5000$ after $5$ years at $5\%$ interest compounded semiannually.

Calculate the principal required to accumulate to $5000$ in $3$ years at $6\%$ interest compounded monthly.

Calculate the principal required to accumulate to $5000$ in $5$ years at $5\%$ interest compounded monthly.

Calculate the initial amount required to accumulate to $15000$ in $10$ years at $4.5\%$ interest compounded annually.

Find the initial deposit required to reach $8000$ in $6$ years at $5.5\%$ interest compounded semiannually.

Determine the principal that grows to $10000$ in $8$ years at $4\%$ interest compounded semiannually.

Calculate the initial amount required to accumulate to $10000$ after $8$ years at $4\%$ interest compounded monthly.

Determine the principal that grows to $8000$ in $6$ years at $5.5\%$ interest compounded monthly.