Deana has $12,500 in the bank from an account she opened 13 years ago. The account earned 0.60% quarterly. How much money did Deana deposited into her bank account 13 years ago?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.44TI: In 5 years, Gloria’s bank account earned $2,400 interest at 5%. How much had she deposited in the...
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Deana has $12,500 in the bank from an account she opened 13 years ago. The account earned 0.60% quarterly. How much money did Deana deposited into her bank account 13 years ago? 

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