Suppose an account containing $9,798 was invested at 6.50% interest compounded monthly for 12 years. What was the initial deposit made into the account? Round
your answer to the nearest cent; do not enter the $ sign.

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step-by-step explanation:

let's solve your equation step-by-step.

4x+2=2x+12

step 1: subtract 2x from both sides.

4x+2−2x=2x+12−2x

2x+2=12

step 2: subtract 2 from both sides.

2x+2−2=12−2

2x=10

step 3: divide both sides by 2.

2x

2

=

10

2

x=5

step-by-step explanation:

it is true

step-by-step explanation:

all the combinations add up i used   calculator