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?

8 answers

I = PRT

384 = P * 0.16 * 3

Solve for P
please just say the darn answer
0.52
since no one is saying the answer its 800
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?
its 7,000
The answer is $7000🤑🤑🤑
its fr fr 8000
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