Captinblack invested some money at 10% compounded quarterly at the end of three years his investmenthad grown to $2488.05. Find the initial investment. My answer is $1850.00 thanks for checking.
Printable View
Captinblack invested some money at 10% compounded quarterly at the end of three years his investmenthad grown to $2488.05. Find the initial investment. My answer is $1850.00 thanks for checking.
Greetings Kwtolley:
I have but one word to utter in response to your work here today...Perfect! :)
Enjoy,
Rich B.
Hello, kwtolley!
Quote:
Captain Blackbeard invested some money at 10% compounded quarterly.
At the end of three years his investmenthad grown to $2488.05.
Find the initial investment.
My answer is $1850.00
I assume you used a variation of : .
Then: .
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
It's hard to see your work from here . . .
It looks like you played theinstead of the
.
Then you transposed to the key ofinstead of
.
Lucky for you, the two errors canceled out.
So most of my answers from yesterday are right. or some are right. thanks fo looking at my answers.