SOLUTION: Suppose a woman invested a sum of money at 6% interest rate. If at the end of two years she had 2576 pesos, how much did she start with?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Suppose a woman invested a sum of money at 6% interest rate. If at the end of two years she had 2576 pesos, how much did she start with?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 773050: Suppose a woman invested a sum of money at 6% interest rate. If at the end of two years she had 2576 pesos, how much did she start with?
Answer by oscargut(2103) About Me  (Show Source):
You can put this solution on YOUR website!
We have to find A
where: A(1.06)^2 = 2576
A = 2292.63
I can help you with more questions at: mthman@gmail.com
Thanks