Fred has a savings account balance of $1,728.57. the interest rate on the account is 3.4% compounded daily. if he opened the account nine years ago, what was the value of his initial deposit? (2 points) $1,272.91 $1,670.79 $508.40 $1,508.78

we are given

amount is $1,728.57

so,

the account is 3.4% compounded daily

so,

If he opened the account nine years ago

so,

Let's assume

initial deposit is P

now, we can use formula

now, we can plug values

now, we can solve for P

so,

initial deposit is $1272.91.........Answer

the bolded word " farsighted" could be replaced with visionary.

the number 100 represents the number of trials in the experiment.

49/100 represents the experimental probability of the coin landing heads up.

step-by-step explanation: