Many years ago, $100 was deposited into a savings account. You cannot recall exactly how long ago the deposit was made, but you know the bank has paid a periodic rate of 0.5% every quarter for over six decades for these types of accounts. The balance in the account is currently $289.92. Approximately, how long ago was the deposit made? 34.5 years. 213.4 months. 53.3 years. 53.3 months