Question: Currently you have $ 7 7 , 0 6 2 in an investment account you opened 7 years ago. Except for the initial deposit, you

Currently you have $77,062 in an investment account you opened 7 years ago. Except for the initial deposit, you have not made any other payments into this account. If you have earned an annual rate of return of 7% each year, What was your initial deposit (PV) when you first opened this account? Round your answer to two decimals.

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