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13-02-2019
Mathematics

contestada

if the principal is $475 and the interest rate is 5 percent, what is the simple interest earned in one year?

Respuesta :

Noellehope Noellehope

16-02-2019

Answer:

I=23.75

Step-by-step explanation:

p=475

r=5%

I=PRT

t= 1 year

I=475*0.05*1

I=23.75

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