Ira received a lot of money instead of gifts for Hanukkah. Instead of spending it on video games, Ira decided to open a savings account and deposit all of the money. The account gives 4.5% interest. After 5 years, Ira earned $236.25 in interest. How much was Ira’s initial deposit?
A.$1,000
B.$1050
C.$2,000
D.2,050
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