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    Simple Interest On 2,400 At 4 1/2 For 3 Years?

    asked 4 months ago

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    The simple interest formula is as follows;

    I=P r t

    P=2400  r=4.5%   t=3

    By putting values
    I=(2400 ) (.045) (3)
    Interest= 324

    answered 4 months ago

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