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If the principal is $350 and the interest rate is 3%, what is the simple interest earned in 1 year? Simple interest= P•r•t A=$10.50 B=$30.25 C=$105
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If the principal is $350 and the interest rate is 3%, what is the simple interest earned in 1 year?

Simple interest= P•r•t

A=$10.50
B=$30.25
C=$105

User Raylight
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8.5k points

1 Answer

5 votes
10 percent of 350 is 35 half of 35 is 17.5 and if u cut 10 percent is half its 5 percent of 350
3/5s of 17.5 is 10.5 so it is a
User Jobbert
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