If you need $3,000 four years from now, how much would you need to deposit into an account that earns 5% interest, compounded annually? $

2468.11 dollars

Step-by-step explanation:

Amount that should be available after four years =3000 $

Interest rate = 5%

No of years =4

Let P be the principal invested

Then

Hence 2468.11 dollars should be deposited to get 3000 dollars after 4 years at 5% interest.

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.