Mathematics
Mathematics, 15.12.2020 03:40, gaby8282

To find simple interest, you multiply the principal (in dollars), the interest rate (as a decimal), and the time in years. The equation 24=400*0.015*4 shows how to find the simple interest for a certain account after years. What is the interest rate (as a percent)? How much is the simple interest? What is the principal?

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