P = $3000, r = 7%, t = 1 year Calculate the simple interest earned. Round to the nearest cent.

asked May 16, 2024 152k views

4 votes

P = $3000, r = 7%, t = 1 year

Calculate the simple interest earned. Round to the nearest cent.

by Boden

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6 votes

Answer:

The interest earned in $210.00

Explanation:

i = prt

i = 3000(.07)(1)

i = 210.00

Helping in the name of Jesus.

Zkilnbqi answered May 20, 2024

7.8k points

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