Title: The principal P is borrowed at simple interest rate r for a period of time t. Find the simple ... Post by: seeb1999 on Feb 2, 2020 Question 1. The principal P is borrowed at 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 and round answer to the nearest cent.P = $2000 r = 7% t = 1 year ▸ $70 ▸ $140 ▸ $1400 ▸ $7 Question 2. The principal P is borrowed at 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 and round answer to the nearest cent.P = $140 r = 4% t = 3 years ▸ $156.80 ▸ $12.00 ▸ $16.80 ▸ $5.60 Title: The principal P is borrowed at simple interest rate r for a period of time t. Find the simple ... Post by: christinaalex on Feb 2, 2020 Content hidden
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