Mathematics, 16.10.2020 08:01 alialbinn6969

Safiya deposited money into a bank account that earned 6.5% simple interest each year. After 312 years, she had earned $36.40 in interest on the account. No other money was deposited into or withdrawn from the account.

How much was her initial deposit?

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Safiya deposited money into a bank account that earned 6.5% simple interest each year. After 312 years, she had earned $36.40 in interest on the account. No other money was deposited into or withdrawn from the account. How much was her initial deposit?

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Safiya deposited money into a bank account that earned 6.5% simple interest each year. After 312 years, she had earned $36.40 in interest on the account. No other money was deposited into or withdrawn from the account.

How much was her initial deposit?