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If I want to withdraw 23120.16 CHF from a swiss bank today and i started depositing the money 16 years ago every year in deposits
If I want to withdraw 23120.16 CHF from a swiss bank today and i started depositing the money 16 years ago every year in deposits that grew by 6% every year in EUR. What was my first deposit if interest rate was 2.31% on the deposits.
Please use interest factor method
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