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Michael Johnson made a lump sum deposit into an account to save for a car four years ago. Today, the account has a balance of
Michael Johnson made a lump sum deposit into an account to save for a car four years ago. Today, the account has a balance of $15,000. If the account generates an annual interest rate of 3.1%, how much did Michael Johnson deposit? $13,275.67$10,620.54$15,930.81$17,168.67$17,700.90
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