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How much did you deposit ten years ago

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Reference no: EM13979521

1. If your savings account earn an annual rate of 5.5% compounded weekly, how much did you deposit 10 years ago if your account's present balance is $125,000? 

a. $72,139.69 
b. $85,000.57 
c. $100,059 
d. None of the above 

Reference no: EM13979521

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How much did you deposit ten years ago : If your savings account earn an annual rate of 5.5% compounded weekly, how much did you deposit 10 years ago if your account's present balance is $125,000? a. $72,139.69 b. $85,000.57 c. $100,059 d. None of the above
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