Question: Transcribed image text :3.1.29 Use the formula for simple interest, I Prt, to find the indicated quantity. Assume a 360 day year. l-$72, P -$1200;

Transcribed image text: 3.1.29 Use the formula for simple interest, I Prt, to find the indicated quantity. Assume a 360 day year. l-$72, P -$1200; t 270 days; r-? r-D% (simplify your answer)

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