Your grandmother invested one lump sum 17 years ago at 5.25% interest.Today,she gave you the proceeds of that investment which totaled $9,546.32.How much did your grandmother originally invest?
A) $3,700.00
B) $3,730.30
C) $4,000.00
D) $4,068.40
E) $4,174.90
Correct Answer:
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