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Mathematics, 19.02.2021 21:00 violetmeadow4

Finance the formula in exercise 17 is the formula for computing simple interest, where I is interest P is principle of amount invested, r is the interest rate and t is the same tm in years. Find the amount of interest earned if you were to invest $5000 at 6% interest for 3 years.

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Finance the formula in exercise 17 is the formula for computing simple interest, where I is interest...

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