How much does the person need to deposit in each account in, Financial Management

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How much does the person need to deposit in each account in

Suppose someone wants to accumulate $125,000 for retirement in 30 years. The person has two choices. Plan A is a single deposit into an account with annual compounding and an APR of 7%. Plan B is a single deposit into an account with continuous compounding and an APR of 6.6%. How much does the person need to deposit in each account in order to reach the goal?

The person must deposit $_______into the account for Plan A to reach the goal of $125,000.

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