Jeremy deposited money into a savings account that pays a simple annual interest rate of 1.6%. He earned $55.04 in interest after 4 years. How much did he deposit?
A. $860
B. $1376
C. $2976
D. $3440
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Home » Mathematics » Jeremy deposited money into a savings account that pays a simple annual interest rate of 1.6%. He earned $55.04 in interest after 4 years. How much did he deposit? A. $860 B. $1376 C. $2976 D. $3440