If Rita receives $36.44 interest for a deposit earning 6% simple interest for 10 days, what is the amount of her deposit? (Round your answer to the nearest cent.) $

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 15E
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If Rita receives $36.44 interest for a deposit earning 6% simple interest for 10 days, what is the amount of her deposit? (Round your answer to the nearest cent.)
$  

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