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Rainbow [258]
3 years ago
11

What is the interest earned on $350.00 invested 4 years at 5% simple interest?

Mathematics
1 answer:
almond37 [142]3 years ago
8 0
Use the formula: I=prt I means interest P means principal R means rate(percent) T means time
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Delvig [45]
Ok, so IDK if I'm about to do this problem right, but here we go;


so first, lets change these all to decimals (I more of a decimal gal)

3 1/2 = 3.5
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Now, change them back to fractions.  
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So, if I'm correct, the answer is 3 2/3%, 3 3/5%, 3 1/2%, 3 3/8%
Hopefully I solved your problem! 
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