In Problems use formula (1) for simple interest to find each of the indicated quantities. I =
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In Problems use formula (1) for simple interest to find each of the indicated quantities.
I = $36; r = 4%; t = 6 months; P = ?
Formula 1
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I = Prt
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The formula for simple interest is I Prt where I is the simple interest earned P is t...View the full answer
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Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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