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Uta invests an amount into a compound interest investment account that pays 6% a year. After six years, she withdraws her total balance of $500. Using the formula A = P (1 + r) …

Uta invests an amount into a compound interest investment account that pays 6% a year. After six years, she withdraws her total balance of $500. Using the formula A = P (1 + r) …
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Uta invests an amount into a compound interest investment account that pays 6% a year. After six years, she withdraws her total balance of $500. Using the formula A = P (1 + r) Superscript t, how much money did Uta initially invest?

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User FireShock
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7.5k points

1 Answer

1 vote

Answer:

C- $352.48

Explanation:

Just took test :]

answered
User XQbert
by
7.8k points
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