Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $192 in interest after 3 years. How much money should he deposit? A.
$40
B.
$400
C.
$4,000
D.
$3,072

Question

01-11-2022
Mathematics

Answered

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Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $192 in interest after 3 years. How much money should he deposit? A.
$40
B.
$400
C.
$4,000
D.
$3,072

Sagot :

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