Question: Using the simple interest formula I = Prt, state the rate and time required for the formula in decimal format, given that the rate is

Using the simple interest formula I = Prt, state the rate and time required for the formula in decimal format, given that the rate is 231% and the time is 332 years. The interest rate, r, is (Round to six decimal places as needed.) The time, t, is years. (Round to six decimal places as needed.)

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