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Can someone help me with this problem
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2 votes
Can someone help me with this problem

Can someone help me with this problem-example-1
User JMHeap
by
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1 Answer

2 votes

Step-by-step explanation:

If I=Prt

I is interest earned

P is principal

R is the interest rate

T is time in years

Then substitute the values into the equation

Plug into your calculator

I= 100 x 6% x 3 = 18

Answer for the first one is $18

For the others, it requires you to rearrange the equation.

Good luck!

User Evt
by
7.1k points
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