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Mathematics, 07.06.2021 19:50 joej0778

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 4%. After 5 years, the interest earned on the account was $1,050. How much money did Mike's grandmother deposit in the account?

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Mike's grandmother opened a savings account in Mike's name and deposited some money into the account...
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