BRAINLIEST + Points! Explain
1 answer:
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Alright, lets gets started.
I suppose , we are asked to find simple interest for above question.
Principal P = $1,250
Rate r = 5.7 %
Time t = 4 years
The formula for simple interest =
Hence simple interest
Simple interest
Simple interest = 285 $
Hence interest earned is $ 285. : Answer
Hope it will help :)