Simple interest is given by the formula A=P+Prt. Where Ais the balance of the account after t years, and P is the starting principal invested at an annual percentage rate of r, expressed as a decimal.

Salvador is investing money into a savings account that pays 2% simple interest, and plans to leave it there for 10 years. Determine what Salvador needs to deposit now in order to have a balance of at least $30,000 in his savings account after 10 years.

Salvador will have to invest a minimum of $
now in order to have a balance of at least $30,000 in his savings account after 10 years. Round your answer to the nearest dollar.