Question: Use the formula for simple interest, I = Prt, to find the indicated quantity. I = $50; P = $5000; r = 4%; t =

Use the formula for simple interest, I = Prt, to find the indicated quantity. I = $50; P = $5000; r = 4%; t = ? t= year(s) (Simplify your answer. Type an integer or a decimal.)

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