2 years ago

Please give me a step by step explanation of how to solve this question WILL MARK AS BRAINLIEST!

Mathematics

1 answer:

vodomira [7]2 years ago

4 0

Answer:

2261

<h2>Step-by-step explanation:add them up $x_{123}$ </h2>

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Which equation demonstrates that use of a simple interest formula , l=PRT , to compute the investment earned on $70 at 3% For 12

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I = (70) x (0.03) x (12)

Step-by-step explanation:

The general formula of simple interest formula is: I = PRT where I = simple interest, P = principal amount, R = interest rate, T = time (in years). Given that the initial investment is $70, the interest rate is 3% (or 0.03 as a decimal) and the time is 12 years, you can form the following:

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