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  • 12-12-2020
  • Mathematics
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Question 12
Use the formula for Simple Interest to find the missing value:
1 = Prt
I = ?
P = $300
r = 4%
t = 2 years
The interest is $

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  • 12-12-2020

Answer:

Interest us $24

The total amount accrued on a principal of $300 at a rate of 4% per year for 2 years is $324.00

Step-by-step explanation:

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