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16 November, 15:37

The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed

for the use of the money.

P = $260, r = %, 1 = 3 years

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Answers (1)
  1. 16 November, 17:46
    0
    I=prt

    260*0.01*3=$7.80
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