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30 November, 08:03

Andrea wants to deposit money into a bank account that earns 4% simple interest. Use the formula to find the amount of money that she should deposit so that she earns $2800 after 3.5 years. Show and explain your work.

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  1. 30 November, 08:28
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    I took 2800*4% and got 112.

    112*3.5 = $392
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