Mingming deposits the lucky money for Chinese New Year in the bank for a fixed period of one year. At that time, the annual interest rate was 3%. When it expires, he will get back the principal and interest of 1,236 yuan. How much is Mingming deposited in the bank?
明明把过年的压岁钱存入银行定期一年，当时年利率是3%，到期时他取回本息共1236元，明明存入银行多少元？
<gadget id="calculator">3 / 100</gadget>
<output>3/100 = around 0.03</output>

<gadget id="calculator">1 + (3/100)</gadget>
<output>103/100 = around 1.03</output>

<gadget id="calculator">1_236 / (103/100)</gadget>
<output>1_200</output>

<result>1_200</result>