Mr. Drysdale earned $906.25 in interest in one year on money that he had deposited in his local bank. If the bank paid an interest rate of 6.25% APR, how much money did Mr. Drysdale deposit?
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Home » Mathematics » Mr. Drysdale earned $906.25 in interest in one year on money that he had deposited in his local bank. If the bank paid an interest rate of 6.25% APR, how much money did Mr. Drysdale deposit?