SOLUTION: After 20 years, Sheila's account earned $600 in interest. If the interest rate is 6%, how much did Sheila initially invest?
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Question 768208: After 20 years, Sheila's account earned $600 in interest. If the interest rate is 6%, how much did Sheila initially invest?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
That depends on how frequently the interest was compounded.
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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