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There were no other deposits

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You just found out that you have $1,593.58 in a savings account. Your uncle opened the account in your name exactly 6 years ago, and deposited $X in the account. Then he put in another $125 three years after opening the account. Other than $X and the $125, there were no other deposits. If the interest rate for the past 6 years has been 8%, what is X? (choose the closest number)

Reference no: EM132367043

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