Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

How much would you need to deposit in an account now in order to have $4000 in the account in 15 years? Assume the account earns 8% interest compounded quarterly. Round your answer to the nearest cent