# The deposit

A deposit has been placed for one year at an annual rate of 4.5%. The amount rose to € 2,612.5 after one year. Find initial deposit.

## Correct answer:

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### You need to know the following knowledge to solve this word math problem:

**algebra**- equation
- expression of a variable from the formula
**basic functions**- percentages
- exponential function

### Units of physical quantities:

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