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Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51,480.79.

Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51,480.79. How much did your father originally invest?

A)

$6,500.00

B)

$13,035.72

C)

$5,929.47

D)

$11,999.45

E)

$15,500.00

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