Mathematics, 23.02.2021 22:40 emmalucilleblaha1995
To find simple interest you multiply the principal (in dollars), the interest rate (as a decimal), and the time in years. The equation 12.00=200x0.015x4 shows how to find the simple interest for a certain amount after 4 years. What is the interest rate (as a percent)? How much is the simple interest? What is the principal?
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