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1.How many days will it take for a sum of $1600 to earn $16 interest if it is deposited in a bank paying ordinary simple
1.How many days will it take for a sum of $1600 to earn $16 interest if it is deposited in a bank paying ordinary simple interest at the rate of 4%/year? (Use a 365-day year. Round your answer up to the nearest full day.)
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