Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 1212 year, she had earned $5.00 in interest on the account.
If no other money was deposited into or withdrawn from the account, how much was her initial deposit?
Enter your answer in the box.
If no other money was deposited into or withdrawn from the account, how much was her initial deposit?
Enter your answer in the box.