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Question - Your grandmother invested a lump sum amount 18 years ago and earned 4.25%, compounded annually per year. Today, she gave you the proceeds of that investment which totaled $5,539.92. How much did your grandmother originally invest?
A. $2,700.00
B. $2,730.30
C. $2,618.99
D. $2,768.40
E. $2,774.90
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