Keegan makes a deposit into her savings account at the beginning of the year. the account earns 3% simple interest each year. she has $360.50 in her account at the end of the year. if keegan did not make any additional deposits or withdrawals during the year, how much did she deposit into the account at the beginning of the year? $10.82 $277.31 $350.00 $371.32

 Keegan did a deposit of  $350.00 at the beginning of the year

Step-by-step explanation:

Hi, to solve this problem we have to analyze the information given:

We have to apply the simple interest formula:

Now we have to calculate the value of the principal amount by solving the formula.

Keegan did a deposit of  $350.00 at the beginning of the year.

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