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17 February, 21:00

Jerome uses the formula I = prt to find I, the interest earned, when he saves p, the principal of $456, for t years at a rate, r, of 3%. What is the value of I when t = 2?

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  1. 17 February, 21:56
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    Step-by-step explanation:

    456=P

    T=2

    R=.03

    I = (456) (.03) (2)

    I=27.36
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