IDNLearn.com makes it easy to find the right answers to your questions. Find reliable solutions to your questions quickly and easily with help from our experienced experts.

a bank account currently has a balance of $7,400 dollars. if the initial deposit was made four years ago, and the interest rate is 5% apr compounded monthly, what was the initial deposit?

Sagot :

Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your questions deserve reliable answers. Thanks for visiting IDNLearn.com, and see you again soon for more helpful information.