Mathematics, 08.01.2021 18:50, ilarheab

The formula to compute simple interest is I = prt where I is the interest earned in dollars, p is the principal invested in dollars, r is the rate at which it is invested, and t is the time in years of the investment. If Pat invests $500 at 4% for 3 years, how much interest will he earn?

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The formula to compute simple interest is I = prt where I is the interest earned in dollars, p is th...