Question: Solve solution Homework The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed

Solve solution Homework The principal P is borrowed at a simple

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Homework The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year. P = $9000, r = 9.0%, t = 9 months

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