Answer
$\$ 67, 121.04$
Work Step by Step
Need to use formula: $A(t)=P(1+\dfrac{r}{n})^{nt}$
Here, we have
$A(5)=10000=P(1+\dfrac{0.08}{12})^{(12)(5)}$
or, $10000=P(1+\dfrac{0.08}{12})^{60}$
or, $P=\dfrac{10000}{(12.08/12)^{60}}=\$ 67, 121.04$
