The balance 2

If your balance at the end of 4 years is 50000, at a 5% interest rate, What was your original investment?

Correct answer:

a =  41135.12

Step-by-step explanation:

t=4 b=50000 r=100%+5%=1+1005=1.05  b = a rt  a=rtb=1.05450000=41135.12

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