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19 September, 02:54

Time = 8 years

Interest rate = 14%

Principal = $1,010

What is the total amount of simple interest that is earned?

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Answers (1)
  1. 19 September, 03:20
    0
    the simple interest is $1131.2

    Step-by-step explanation:

    I=PRT

    = 1010*14/100*8

    =$1131.2
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