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You have just deposited X dollars in your bank account that pays interest of 15 percent p.a. You discover that at the end of one
You have just deposited X dollars in your bank account that pays interest of 15 percent p.a. You discover that at the end of one year you have $20,750 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85). Your
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