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Mary invested a certain amount of money in a savings account paying 3% interest every year. when she withdrew her money at the end of 3 years, she received 180 in interest. how much money did mary place in the savings account?

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Simple interest? Compound interest?

simple

So, P * 0.03 * 3 = 180
=> P = 180/(3*0.03) = 180/0.09 = 18000/9 = 2000

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