Question: Using the simple interest formula I = Prt, compute the amount of interest earned on $389.00 at 7.92% p.a. from March 28,2006 to April 27,2006

Using the simple interest formula I = Prt, compute the amount of interest earned on $389.00 at 7.92% p.a. from March 28,2006 to April 27,2006 . The interest eamed was 3 (Round the final answer to the nearest cant as needed. Round all intermediate values to six decimal places as needed.)

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