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math

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Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $384 in interest after 3 years. How much money should he deposit?

  • math -

    I = PRT

    384 = P * 0.16 * 3

    Solve for P

  • math -

    please just say the darn answer

  • math -

    0.52

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