Business, 11.03.2020 17:09 NeverEndingCycle

Simple interest = P x r x t

If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year?

A. $8

B. $50

C. $800

Answers: 3

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Simple interest = P x r x t

If the principal is $200 and the interest rate is 4 percent,...

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