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On Jan 1, 2006, a deposit was made into a savings account paying interest compounded annually. The balance on Jan 1, 2009, was 15,000 and

On Jan 1, 2006, a deposit was made into a savings account paying interest compounded annually. The balance on Jan 1, 2009, was 15,000 and the balance on Jan 1, 2010 was 15,750. How large was the deposit?

The deposit on Jan 1, 2006 was $_____.

(Round to the nearest cent as needed.)

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