Rich deposited money into a bank account that earned 2.5% simple interest each year. After 2 years, he had earned $14.65 in interest on the account.

If no other money was deposited into or withdrawn from the account, how much was his initial deposit?

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Respuesta :

Rich deposited $293 for 2 years at 2.5% simple interest rate

Answer:

$293

Step-by-step explanation:

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