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DamnImBad

  • 3 years ago

If the principal is $350 and the interest rate is 3 percent, what is the simple interest earned in one year? simple interest = P × r × t

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  1. Mimi_x3
    • 3 years ago
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    P = 350 r = 0.03 t = 1 then plug it in

  2. hartnn
    • 3 years ago
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    u have P=350, r=3%=0.03, t=1 year just put the values....

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