7. Your savings account has a balance of $2513.45. You opened the account 3 years ago. Interest on the account is compounded weekly at an annual interest rate of 4.35%. How much did you invest originally?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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7. Your savings account has a balance of $2513.45. You opened the account 3 years ago.
Interest on the account is compounded weekly at an annual interest rate of 4.35%. How
much did you invest originally?
Transcribed Image Text:7. Your savings account has a balance of $2513.45. You opened the account 3 years ago. Interest on the account is compounded weekly at an annual interest rate of 4.35%. How much did you invest originally?
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