carolyng14 carolyng14
  • 05-12-2019
  • Mathematics
contestada

If an investment over 5 years at 4% makes $1200.00. What was the original investment amount

Respuesta :

Аноним Аноним
  • 05-12-2019

Answer:

6000$ was the original amount.

Step-by-step explanation:

so 6000$ at 4% interest rate would accumulate 240 per year.

240x5= $1200.00

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