Howard earned $48 in interest after saving for 3 years at a simple annual interest rate of 2%. how much did howard originally deposit?

Howard originally deposited $800.

Step-by-step explanation:

Interest = $48

t = 3 years

r = 2% or 0.02

p = ?

Simple interest formula is :

Substituting the values in formula, we get;

=>

p = $800

Hence, Howard originally deposited $800.

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step-by-step explanation: