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OpenStudy (anonymous):
Ralph has an account balance of $608.93 in a savings account that earns interest at a rate of 3.5% compounded daily. If Ralph opened the account nine years ago, what was the principal deposit rounded to the nearest dollar?
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OpenStudy (anonymous):
\[A=Pe ^{rt}\]
OpenStudy (anonymous):
P= to the original principal, r=to the rate, and t= to time
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