Find the simple interest paid to the nearest cent for each principal, interest rate, and time. $2,620, 3%, 5 years Pleaseee help!!!

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asked Mar 23, 2021 8.4k views

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Diarmid Roberts · Answer 1 · 2021-03-27T18:33:24+0000

Explanation:

You deposit some money into a bank account paying 4% simple interest per year. You received $72 in interest after 3 years. How much the deposit (principal) was?

Find the simple interest paid to the nearest cent for each principal, interest rate, and time. $2,620, 3%, 5 years Pleaseee help!!!

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