5. After 28 years of 2.9% interest compounded semiannually, an account has $1,119,656.69. What was the original deposit amount?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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6.
After 28 years of 2.9% interest compounded semiannually, an account has
$1,119,656.69.
5.
What was the original deposit amount?
6.
At the birth of their baby, a couple decides to make an initial investment of P that
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Transcribed Image Text:Last edit was seconds ago djəH suo-pp insert Format Tools 100% Normal text Verdana В I U A 12 三 | I. 6. After 28 years of 2.9% interest compounded semiannually, an account has $1,119,656.69. 5. What was the original deposit amount? 6. At the birth of their baby, a couple decides to make an initial investment of P that otereet t00 000 bu ber 10th bith dey Their be will II lili
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