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Find the simple interest earned, to the nearest cent, for the principal, interest rate, and time.
$530, 6%, 1 year

Respuesta :

anup12222gupta

Answer:

The Answer is $3180..

Step-by-step explanation:

principal (p) = $ 530

Interest Rate (R) = 6%

Time (T) = 1 year

Simple Interest (I) = ?

By using formula,

Simple Interest (I)= P× T× R/ 100

= $530 × 1 year× 6%

= 530 × 1 × 6

= $3180

Therefore , The simple Interest is $3180.

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katherinebeltran0503

Answer:

65

Step-by-step explanation:

gut

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