Write an equation to find the amount of interest $450,000 earns in 1 year at a simple interest rate of 3.5%.

The required equation for the amount of Simple Internet =

Step-by-step explanation:

Here , Principal amount = $450,000

Time  = 1 year

Rate of Interest = 3.5%

Now,SIMPLE INTEREST  =

So, here SI  =

Hence, the required equation for the amount of Simple Internet =

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