Question: How much simple interest is earned on $15950 over 3 years and 6 months at 2.79% p.a.? Enter your answer as a decimal number with

How much simple interest is earned on $15950 over 3 years and 6 months at 2.79% p.a.?

Enter your answer as a decimal number with no dollar sign, e.g. for $122.35 enter: 122.35

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