Posted by **Mae** on Tuesday, January 13, 2009 at 7:32pm.

Sally invests some money at 6%/a compounded annually. After 5 years, she takes the principal and interest and reinvests it all at a 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth 14,784.56.how much did sally originally invest?

I tried solving this and got 7276.81. am i correct?

## Answer this Question

## Related Questions

math - Sally invests some money at 65%/a compounded annually. After 5 years . ...

math - Sally invests some money at 65/a compounded annually. After 5 years . she...

Algebra - Greta invests $10,000 in an investment that pays 3% interest, ...

annuaties - Sally contributed $500 every six months for fourteen years into an ...

Algebra - Need help with these 2 please-- 19. Nancy invests $100 in one account ...

Algebra - Need help with these 2 please-- 19. Nancy invests $100 in one account ...

math-finance - Colin borrowed some money at 7.16%?a compounded quarterly. three ...

MAAAATTTTHHHHHH - Franco invests some money at 6.9%/a compounded annually and ...

Math - Serena wants to borrow $15 000 and pay it back in 10 years. Interest ...

math - Jim wants to deposit money in an account to save for a new stereo system ...