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This is the formula for calculating simple interest.
In your case,
I = $4873.05;
R = 10% (that is, 0.1);
T = 5.
You are asked to calculate P
In your case,
I = $4873.05;
R = 10% (that is, 0.1);
T = 5.
You are asked to calculate P
Date Posted:
4 years ago
thx