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Find the simple interest.TimePrincipalRate$700020%3 1/2 yearsThe amount of simple interest earned is $
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Find the simple interest.TimePrincipalRate$700020%3 1/2 yearsThe amount of simple interest earned is $

User Pruett
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1 Answer

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Simple Interest :

Principal x Rate x Time

= 7000 x 20 % x 3 1/2

= $ 4900

The amount of simple interest earned is $ 4900



User FujiRoyale
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