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26-03-2020
Mathematics

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Find the simple interest of $2300 invested at 7.5%for 10years

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thistleBranch thistleBranch

26-03-2020

Use the formula I = Prt. Plug $2300 into P.

Plug 7.5% (decimal form is 0.075) into r.

Plug 10 into t.

Your simple interest after 10 years is $1725

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