Mathematics
Mathematics, 23.02.2021 23:30, highspeed7100

Ndiba invests a sum of money in a savings account with a fixed annual interest rate of
4.61% compounded 3 times per year. After
6 years, the balance reaches $5,485.85.
What was the amount of the initial
investment?

answer
Answers: 1

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Ndiba invests a sum of money in a savings account with a fixed annual interest rate of
4.61%...

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