Simple interest rate earned after 12 years on 1350 at an interest rate of 8%

asked Aug 13, 2021 128k views

0 votes

by Yuna

7.3k points

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5 votes

Answer:

1296

Explanation:

Simple interest is

I = PRT where I is the interest P is the principle, r is the rate and t is the time

I = 1350 * .08 * 12

I = 1296

MKay answered Aug 18, 2021

by MKay

7.6k points

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