Asked by LIU

RM X was deposited in a savings account at 4% interest compounded monthly. Forty months later, RM 4200 was withdrawn from the account and the balance was RM 4212.39. Find the value of X.
Answered by oobleck
x(1 + .04/12)^40 - 4200 = 4212.39
Now just solve for x
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