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Find the simple interest p=$500 r=2% t=2 years The interest is $ ?
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2 votes
Find the simple interest p=$500 r=2% t=2 years The interest is $ ?

User Bigge
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8.8k points

1 Answer

3 votes

use the formula P(1+rt)


500(1+(0.02x2))= 520

User Shashi Shankar
by
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