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On Jan 1, 2006 a deposit was made into a savings account paying interest compounded monthly. The balance on Jan 1, 2009 was 11,000.00 and

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On Jan 1, 2006 a deposit was made into a savings account paying interest compounded monthly. The balance on Jan 1, 2009 was 11,000.00 and balance on Feb 1, 2009 was 11,027.50. How large was the deposit? The deposit on Jan 1, 2006 was $ (Round to the nearest cont as needed)

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