question archive Using the simple interest formula I=Prt?, determine the deposit that must be made to earn $28

Using the simple interest formula I=Prt?, determine the deposit that must be made to earn $28

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Using the simple interest formula I=Prt?, determine the deposit that must be made to earn $28.56 in 72 days at 5.07% p.a.

The deposit required is ?$

?(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as? needed.

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