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dem82 [27]
3 years ago
11

The formula for simple interest is l = prt where l is the amount of interest, p is the principal, r is the interest rate, and t

is the time in years. If Lucy saves $300 at a 5% interest rate, how much simple interest will she receive after 7 years?
Mathematics
1 answer:
Sergeeva-Olga [200]3 years ago
5 0

l=prt

l=300x5x7

l=10500

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