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I need help on this math question (PLEASE ANSWER FOR 10 POINTS + BEST ANSWER!!!!!!!)?
The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year.
P = $9000, r = 3%, t = 1 year
- MercyLv 71 month agoFavorite Answer
Interest = P*R*T
= 9000*.03 *1 = ............