Mathematics, 18.10.2019 07:30 sadcoasta
Mr. hall deposited money into an account in which interest is compounded quarterly at a rate of 2.6%. how much did he deposit if the total amount in his account after 4 years was $7160.06, and he made no other deposits or withdrawals?
Answers: 3
* 1.026^16 = 7,160.06
* 1.026 16 times. Which will bring us to your answer. $4,748.53Another question on Mathematics
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Mr. hall deposited money into an account in which interest is compounded quarterly at a rate of 2.6%...
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