Chase opened a savings account 7 years ago. The account earns 6% interest, compounded quarterly. If the current balance is $700.00, how much did he deposit initially?

sure i'm up for it

step-by-step explanation:

4.5%

step-by-step explanation:

step by step solution :

step   1   :

1.1     4 = 22

(4)3 = (22)3 = 26

equation at the end of step   1   :

  ((23) • 26)2

step   2   :

equation at the end of step   2   :

  (23 • 26)2

step   3   :

final result :

  218

ya

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