The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. P = $260, r =%, 1 = 3 years

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asked Sep 24, 2021 227k views

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The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed

for the use of the money.
P = $260, r =%, 1 = 3 years

Mathematics
middle-school

Fernando Torres asked

by Fernando Torres

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I=prt
260*0.01*3=$7.80

Liastre answered Sep 29, 2021

by Liastre

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