Question: 1) 2) Using the simple interest formula I = Prt, determine the deposit that must be made to earn $67.45 in 259 days at 3.42%

1) 2) Using the simple interest formula I = Prt, determine the

deposit that must be made to earn $67.45 in 259 days at

Using the simple interest formula I = Prt, determine the deposit that must be made to earn $67.45 in 259 days at 3.42% p.a. The deposit required is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The investment be worth $ at maturity. (Round to the nearest cent as needed.)

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