Register
the ending balance on an investment is $6,631.43. if the principal was invested at 8.15% compounded quarterly for 42 months, what was the principal
185k views
4 votes
the ending balance on an investment is $6,631.43. if the principal was invested at 8.15% compounded quarterly for 42 months, what was the principal

User Rana Pratap Singh
by
4.8k points

1 Answer

3 votes

Answer:

13.1%

Explanation:

User Atanu Mondal
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.4m questions

7.0m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
Need answer to math problem!!!​
Link Copied!