SOLUTION: A bank account has been increasing by 0.6% annual interest compounded monthly if the bank account starts at $1710 find how much it has at 5 months, 2 years, and 8 months ago.

Algebra.Com
Question 1156698: A bank account has been increasing by 0.6% annual interest compounded monthly if the bank account starts at $1710 find how much it has at 5 months, 2 years, and 8 months ago.
Answer by ikleyn(52794)   (Show Source): You can put this solution on YOUR website!
.

Please read attentively your post.

It says " . . . the account starts at . . . ", and then the question is

    Find how much it has 5 months . . . ago.

Do you see a misclosure in the post ?

Do you precisely understand the meaning of the word "ago" ?

---------------

I got your comment, from which I see that you didn't get the meaning of my post.

Read it again, in parallel with your post.

Read and re-read, until you find that misclosure in your post.

When you find it, --- fix it.

After that you may re-submit your post to the forum.

Please do not submit it to me personally.


RELATED QUESTIONS

If 5000 dollars is invested in a bank account at an interest rate of 4 per cent per year, (answered by stanbon)
If you deposit $1,000 in your bank account, how much will be in the account: A) After 5... (answered by Alan3354)
If you deposit $1,000 into your bank account, how much will be in the account: A) After... (answered by htmentor)
If you deposit $1,000 in your bank account, how much will be in the account After 3 years (answered by Boreal)
you deposit $1600 in a bank account. Find the balance after 3 years for each of the... (answered by LinnW)
Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A (answered by josmiceli)
Steve's bank pays an annual interest rate of 2.8 percent on a savings account. The... (answered by ewatrrr)
Don invests $1,300 at a bank that offers a 7% annual interest rate compounded monthly. If (answered by Theo)
Hello, I would like someone to check if I did this correctly please! Given: Bank A is... (answered by richwmiller)