Question: The simple interest formula is / = Prt, where I What is the amount of money, P, that will generate $40 represents simple interest on

The simple interest formula is / = Prt, where I What is the amount of money, P, that will generate $40 represents simple interest on an amount, P, for t years in interest at a 10% interest rate over 5 years? at a rate of r, where r is expressed as a decimal. O: $60 $80 $90 O $100

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