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Help please I’m being timed on this and I’m having anxiety right now.

Help please I’m being timed on this and I’m having anxiety right now.-example-1

1 Answer

2 votes

The answer is 1.

This is because the first one earns 15 dollars simple interest

the second earns 12 dollars simple interest

The formula used is

P(1 + rt)

P = start

r = interest

t = time

User Lanceomagnifico
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