Liz deposited money into an account in which interest is compounded quarterly at a rate of 3.2%. How much did she deposit if the total amount in her account after 5 years was $4837.65, and she made no other deposits or withdraws. SHOW WORK

She deposited dollars

Step-by-step explanation:

Given -

Rate of interest %

Rate of interest compounded quarterly

Time period years

Amount after years dollars

We shall use the following equation for solving this question

Where A is the final amount after time period t

P is the principal amount

r is the rate of interest

and t is the time period

Substituting the given values in above equation, we get -

She deposited dollars

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step-by-step explanation:

trshd h rdhsjsdrnytjdt jyjyukfddythj

e

step-by-step explanation:

an equation by definition has to have two or more variables (x and 2 in this case)