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Hanna puts $4,383 in a savings account with an annual interest rate of 5.2 percent for 3 years. Into which variable should she substitute 4,383 in the simple interest formula I = p r t?

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p
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t

Respuesta :

Paigersnizzle

Answer:

the CORRECT answer is p

Step-by-step explanation:

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The simple interest is $683.748. Therefore, Hanna should submit 4,383 into variable p in simple interest formula.

Given that, principal (P)=$4,383, R=5.2% and T=3 years.

What is simple interest formula?

The formula to find the simple interest is S.I=P×T×R/100.

Where, P= Principal, R= Rate of interest and T= Time period.

Now, S.I=4,383×3×5.2/100

=$683.748

The simple interest is $683.748. Therefore, Hanna should submit 4,383 into variable p in simple interest formula.

To learn more about the simple interest visit:

https://brainly.com/question/22621039.

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