Kody made a deposit into an account that earns 4% annual compound interest. After 24 months, the value of his account was $2,163.20. What was the amount of Kody’s initial deposit?

This activity will you meet these educational goals: mathematical practices-you will make sense of problems and solve them, reason abstractly and quantitatively, and usemathematics to model real-world situations.directionsread the instructions for this self-checked activity type in your response to each question, and check your answers. at theend of the activity, write a brief evaluation of your work.