Question: Using the simple interest formula I = Prt, determine the deposit that must be made to earn $46.89 in 77 days at 7.51% p.a.

Using the simple interest formula I = Prt, determine the deposit that

Using the simple interest formula I = Prt, determine the deposit that must be made to earn $46.89 in 77 days at 7.51% 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.)

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