Peyton earned simple interest on $12,550 with an annual interest rate of 2.7% for 5 years. How much did she earn in interest? Round your answer to the nearest cent. simple interest: I = P • r • t $

asked Sep 21, 2019 65.7k views

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5 votes

The correct answer is $1,694.25

Romanoza answered Sep 27, 2019

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