Find the principal needed now to get the given amount; that is, find the present value To get $900 after 2 years at 9% compounded monthly

Question

To get $900 after 2 years at 9% compounded monthly

Answer 1

900 = p(1 + 0.09/12)^(2)(12), this is principal and interest. If you want something else, ask.

Can you calculate p and answer