When Madiha was born, her aunt opened a certificate of deposit in her honor to help send her to college someday. now at the age of 18, there is $31,066 in Madiha's account. how much did her aunt originally invest if the interest rate was 6.5%? (round to the nearest dollar)
A.$375
B.$12,500
C.$10,000
D.$8,000

C.$10,000

Step-by-step explanation:

Let X be the amount of initial investment, 6.5% be the compound interest, n=18years and $31,066 as the final amount:

#Using compound interest:

Hence, the amount initially ionvested is $10,000

17

step-by-step explanation:

x = 17

step-by-step explanation:

1st step: isolate x.

24 - 3x = -27

-24         -24

-3x   =   -51

2nd step: divide.

-3x     =   -51

  3             3

  x       =     17

hope this