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If a 6 month term deposit at a bank pays a simple interest of 3%, how much will have to be deposited to earn

If a 6 month term deposit at a bank pays a simple interest of 3%, how much will have to be deposited to earn $18,000? OA. $270 OB. $120,000 O C. $540 OD. $600,000 OE. $1,200,000

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