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Scotty invests an amount at 2% interest compounded annually. After 3 years, he has $3183.62 What was the original amount Scotty invested?

Scotty invests an amount at 2% interest compounded annually. After 3 years, he has $3183.62 What was the original amount Scotty invested?
asked 107k views
2 votes
Scotty invests an amount at 2% interest compounded annually. After 3 years, he has

$3183.62
What was the original amount Scotty invested?

asked
User Salieri
by
7.7k points

1 Answer

3 votes

Answer:

$3,000.00

Explanation:

answered
User Danielreiser
by
8.3k points
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