(adsbygoogle = window.adsbygoogle || []).push({}); 1. The problem statement, all variables and given/known data

If the total interest earned on an investment at 8.2% compounded semiannually for 8.5 years was $1,175.98, what was the original investment?

2. Relevant equations

A=P(1+i)^n

3. The attempt at a solution

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# Homework Help: Compond interest word problem

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