Find the simple interest: Principal: $650 Interest Rate: 14% Time: 4 years
1 answer:
Answer:
292.50 dollars
Step-by-step explanation:
P = 650 is the the principal.
r = 0.09 is the interest rate in decimal form.
t = 5 is the number of years.
i = 650*0.09*5
i = 292.50 is the simple interest.
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