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1. Assuming simple interest determine Paul's initial deposit if his account grew to $4,500 in 7 years, 6 months at an APR of 2.75% 2.

1. Assuming simple interest determine Paul's initial deposit if his account grew to $4,500 in 7 years, 6 months at an APR of 2.75%

2. Assuming continuous compounding, how much would Susan have to deposit in her account if it grew to $6,000 over 5 years 9 months with an APR of 2.95% ?

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