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CH5 Your father invested a lump sum 33 years ago at 5.25 percent interest. Today, he gave you the proceeds of that investment which totaled

CH5

Your father invested a lump sum 33 years ago at 5.25 percent interest. Today, he gave you the proceeds of that investment which totaled $72,380.79. How much did your father originally invest?

Group of answer choices

$13,035.72

$13,375.00

$16,500.00

$15,929.47

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