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Mr. Smith put last year enough money into a savings account to earn a $10,000 in interest this year. Calculate the amount that had to

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Mr. Smith put last year enough money into a savings account to earn a $10,000 in interest this year. Calculate the amount that had to be deposited exactly 3 years ago to earn $10,000 in interest now, if the rate of return is 6% per year simple interest

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