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Example 2 demonstrates calculating the initial deposit using compound interest formula.

Example 2 showing the calculation of the original amount deposited in a savings account using compound interest formula, with values A = $1172.60, r = 3.2%, n = 12, t = 2, and the solution P = $1100.00.

Example 2 showing the calculation of the original amount deposited in a savings account using compound interest formula, with values A = $1172.60, r = 3.2%, n = 12, t = 2, and the solution P = $1100.00.

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