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11 November, 09:03

Sophie deposited money into an account in which interest is compounded semiannually at a rate of 3.2%. She made no other deposits or withdrawls and the total amount in her account after 7 years was 13,987,17.

How much did she deposit?

$9000

$11,200

$12,125

$13,550

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Answers (1)
  1. 11 November, 09:13
    0
    She deposited $11200
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