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Trevor has an investment worth $6,774.50. He made his only deposit in it 22 years ago. Given that the investment yields 2.7% simple interest annually, how big was the initial deposit?
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Trevor has an investment worth $6,774.50. He made his only deposit in it 22 years ago. Given that the investment yields 2.7% simple interest annually, how big was the initial deposit?

User Miri
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2 Answers

4 votes

Answer:

the actual answer is C. $4,250.00

User Martin Gergov
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5 votes

Its D i just took the test

User Malik Ahsan
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