Present Value of an Investment Jada deposited an amount of money in a bank 7 years ago. If the bank had been paying inte
Posted: Sat Jul 09, 2022 3:37 pm
Present Value of an Investment Jada deposited an amount of money in a bank 7 years ago. If the bank had been paying interest at the rate of 6%/year compounded daily (assume a 365-day year) an she has $24,000 on deposit today, what was her initial deposit? (Round your answer to the nearest cent.) $36413.35 Need Help? Read