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A student has a savings account earning 3% simple interestShe must pay $ 1200 for first-semester tuition by September 1 and $1200 for second-semester tuition by January 1 How much must she earn in the summer (by September 1) to pay the first-semester on time and still have the remainder of her summer earnings grow to $1200 between September 1 and January 1(Round your answer to the nearest cent)