Mathematics, 09.04.2021 02:20, renaudciera

Bert is planning to open a savings account that eams 1.6% simple interest yearly. He wants to earn exactly $224 in interest after 2 years. How much money should he deposit?
A. $7,000
B. $3,584
C. $70
D. $700

Answers: 2

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Bert is planning to open a savings account that eams 1.6% simple interest yearly. He wants to earn exactly $224 in interest after 2 years. How much money should he deposit? A. $7,000 B. $3,584 C. $70 D. $700

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Bert is planning to open a savings account that eams 1.6% simple interest yearly. He wants to earn exactly $224 in interest after 2 years. How much money should he deposit?
A. $7,000
B. $3,584
C. $70
D. $700