Ndiba invests a sum of money in a savings account with a fixed annual interest rate of
4.61% compounded 3 times per year. After
6 years, the balance reaches $5,485.85.
What was the amount of the initial
investment?

Answer as a step-by-step explanation:

Use the given functions to set up and simplify

485.85

4.61%

0.04613 = 0.0461 year = 0.0461

6 years = 0.04615 = 0.0461

485.85

=

0.0461

es una operación aritmética.

step-by-step explanation:

no se que fórmula requiera, pero te puedo decir que es adición. deberías revisar porque tema vas y ver que fórmulas puedes aplicar.

there are many solutions.

step-by-step explanation:

step 1: simplify both sides of the equation.

4x+6=4x^2+10x−4

step 2: subtract 4x^2+10x-4 from both sides.

4x+6−(4x^2+10x−4)=4x^2+10x−4−(4x^2+10x−4)

−4x^2−6x+10=0

step 3: factor left side of equation.

−2(2x+5)(x−1)=0

step 4: set factors equal to 0.

x=-5/2 or x=1