Try another version of this question
Suppose you want to start saving for retirement adventures. If you can make a single "lump sum" deposit in an investment that provides an Annual Percentage Rate (APR) of 2% compounded annually, how much would you have to deposit to realize $65000 after 14 years.
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Your answer should be accurate to at least 2 decimal places.
49261.876598239