Answer
$3528.81\ dollars$
Work Step by Step
Given $A=5000, r=0.035, n=4, t=10\ yr$, we have:
$A=P(1+\frac{r}{n})^{nt}\longrightarrow 5000=P(1+\frac{0.035}{4})^{4(10)}\longrightarrow P\approx 3528.81\ dollars$
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