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18-11-2020
Mathematics

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Find the simple interest: Principal: $650 Interest Rate: 14% Time: 4 years

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18-11-2020

Answer:

292.50 dollars

Step-by-step explanation:

P = 650 is the the principal.

r = 0.09 is the interest rate in decimal form.

t = 5 is the number of years.

i = 650*0.09*5

i = 292.50 is the simple interest.

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