Michael opened a savings account at an annual interest rate of 5%. At the end of 3 years, the account balance is $4630.50. If Michael did not add any other amounts to this account, how much was his initial deposit?

$4026.52

Step-by-step explanation:

Given data

rate= 5%

time= 3years

A=$4630.50

P=?

we know that

A=P(1+rt)

$4630.50=P(1+0.05*3)

$4630.50=P(1+0.15)

$4630.50=P(1.15)

P=4630.50/1.15

P=$4026.52

The intitial amount is $4026.52

a line is an defined derm because it

a)contains an infinite number of points b) can be used to create other geometric shapes c)describes something that does not have width or depth d) is a term that does not have a formal definition. a line is an undefined term because it: contains an infinite number of points.