ulating the amount needed to deposit in order to have, for instance, $5000 in the account after three years. The initi

C++ for Engineers and Scientists
4th Edition
ISBN:9781133187844
Author:Bronson, Gary J.
Publisher:Bronson, Gary J.
Chapter4: Selection Structures
Section: Chapter Questions
Problem 14PP
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Suppose you want to deposit a certain amount of money into a savings account with a fixed annual interest rate. We are interested in calculating the amount needed to deposit in order to have, for instance, $5000 in the account after three years. The initial deposit amount can be obtained using the following formula:

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