The account had earned compounded monthly

Reference no: EM13201108

Dwain withdrew all of the $2,500 in his savings account to pay the tuition for his first semester at college. The account had earned 12% compounded monthly. If Dwain's original deposit was $1,250 when was the account originally opened? If the original amount was $1,500, when was the account opened?

Reference no: EM13201108

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