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8 May, 10:21

The principal P is borrowed at a simple interest rater for a period of time t. Find the simple interest owed for the use

P - $830, r-3%, t - 2 years

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  1. 8 May, 11:22
    0
    Interest=$49.8

    Step-by-step explanation:

    The formula is PRT/100

    P=principal

    R=rate

    T=time

    Input the given values

    830*3*2/100

    4980/100

    49.8

    Therefore the interest is $49.8
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