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1. If you put money into a savings account that earns $84.00 over seven years at a rate of 3%, how much money did you put into the account?

1. If you put money into a savings account that earns $84.00 over seven years at a rate of 3%, how much money did you put into the account?
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1. If you put money into a savings account that earns $84.00 over seven years at a rate of 3%, how much money did you put into the account?

User Hamani
by
7.6k points

1 Answer

3 votes

Answer:

$68.30

Explanation:


p( {1.03}^(7) ) = 84


p = 68.30

User Chad Nehemiah
by
7.6k points
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