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How much did the parent deposit on the day of childs birth

Problem:

On the day of the child's birth, a proud parent deposits an amount of money into a compound interest savings account that will earn 5% each year. On the child's eighteenth birthday, the account will have accumulated $10,000. How much did the parent deposit on the day of the child's birth?

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Finance Basics: How much did the parent deposit on the day of childs birth

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