Mathematics
Mathematics, 21.07.2021 20:20, Chrissyx5215

The simple interest formula is I = Prt, where I represents simple interest on an amount, P, for t years at a rate of r, where r is expressed as a decimal. What is the amount of money, P, that will generate $40 in interest at a 10% interest rate over 5 years?

$60
$80
$90
$100

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Answers: 3

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