Mathematics

Brendan Huerta

17 August, 04:28

he simple interest formula is I = Prt, where I represents simple interest on an amount, P, for t years at a rate of r. The equation solved for P is P =. What is the amount of money, P, that will generate $40 in interest at a 10% interest rate over 5 years? $60 $80 $90 $100

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