urcrazygirlaubs
urcrazygirlaubs urcrazygirlaubs
  • 21-05-2020
  • Mathematics
contestada

Rodrigo opened a savings account 3 years ago. The account earns 10% interest, compounded
quarterly. If the current balance is $200.00, how much did he deposit initially?

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 26-05-2020

Answer:

A = P(1 + r/n)nt

P =

$148.71

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