Mathematics, 05.05.2020 02:26, Jack903
Trevor has an investment worth $6,774.50. He made his only deposit in it 22 years ago. Given that the investment yields 2.7% simple interest annually, how big was the initial deposit?
a.
$2,524.50
b.
$4,024.03
c.
$4,250.00
d.
$11,404.88
Answers: 1
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