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OpenStudy (anonymous):
Carlos deposited $7,924 into a savings account 30 years ago. The account has an interest rate of 4.6% and the balance is currently $30,541.83. How often does the interest compound?
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OpenStudy (anonymous):
Someone please help me! i honestly have no idea how to sole this please help!!!!!!!!
OpenStudy (anonymous):
solve*
OpenStudy (anonymous):
He gets interest every year. If you get $30,541.83 and divide it by 1.046^30 you get $7924
OpenStudy (anonymous):
thank you so much your the best=D
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