$800 deposited in a savings account which earns 3% simple interest a year will earn $168 in interest in 7 years.
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Simply divide your wire by 12 and cut off the excess (as it cannot make a full 12-inch section).
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÷12=2
So you have two 12-inch sections and an additional 3.4-inch section.
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So you have two 12-inch sections and an additional 3.4-inch section.