Question: Simple interest I in dollars is calculated using the formula I=prt, where p represents theprincipal, or amount in dollars that is invested orborrowed; r represents

Simple interest I in dollars is calculated using the formula I=prt, where p represents theprincipal, or amount in dollars that is invested orborrowed; r represents the annual interestrate, expressed as adecimal; and t representstime, in years. Find the value of the variablet, using the simple interest formula.

I=$195, p=$5200, r=2.5%

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