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How much money did Lee originally deposit on January

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Question - Lee Spony made a deposit in the bank on January 1, 2010. The bank pays interest at the rate of 11% compounded annually. On January 1, 2017, the deposit has accumulated to $17,190. How much money did Lee originally deposit on January 1, 2010? Round to the nearest whole dollar.

Reference no: EM133056682

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