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Mathematics 16 Online
OpenStudy (anonymous):

After 6 years, an investment is worth $8479. If the money was invested at 9% interest compounded semi-annually, what was the initial investment?

OpenStudy (amistre64):

well, since A=Pk, then P = A/k ...

OpenStudy (amistre64):

what do you get for your compounding stuff?

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