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.
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.
Hello, kwtolley!
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 the instead of the .
Then you transposed to the key of instead of .
Lucky for you, the two errors canceled out.