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What is the simple interest of $85, 4.5%, 3 years
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What is the simple interest of $85, 4.5%, 3 years

User Timur
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1 Answer

2 votes

Answer:$11.475

Explanation:

Simple Interest= P*R*T/100. We have P = 85, R=4.5 and T= 3. We input our values into the above formula. We have 85x4.5x3/100=459/40= 11.475. thanks

User Kodeart
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