Find Si when time is 4 years rate is 3% and amount is 672
1 answer:
Answer:
$80.64
Step-by-step explanation:
Time = 4
Rate = 3
Principal Amount = 672
Using the Simple Interest formula:
SI =
where
P -> Principal Amount,
R -> Rate, and
T -> Time
Substituting the given values into the formula:
SI =

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