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How much money should be deposited foday in an acoouns that earns 4% compounded semiannualy so that it will acoumuate to 512.000 in three years?

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How much money should be deposited foday in an acoouns that earns 4% compounded semiannualy so that it will acoumuate to 512.000 in three years? Cick the icon to view some finance formulas. Formulas The arnount of money that should be deposited is , (Round up to the nearest cent.) In the provided formulas, A is the balance in the account after tyears, P is the princepal imestrnent, r is the annuad interest rate in decma fom, a is the number of compounding penods per year, and Y is the investruents elfective annual yeld in decima form. A=P(1+nt)mP=(1+nt)mAA=PetY=(1+n1)n1

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