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Home Q & A Board Science-Related Homework Help Mathematics
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yter yter
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3 years ago
Solve the problem.

The amount of simple interest earned on an investment over a fixed amount of time is jointly proportional to the principle invested and the interest rate. A principle investment of $2600.00 with an interest rate of 8% earned $832.00 in simple interest. Find the amount of simple interest earned if the principle is $4200.00 and the interest rate is 7%.

▸ $117,600.00

▸ $1176.00

▸ $1344.00

▸ $728.00
Textbook 
College Algebra

College Algebra


Edition: 7th
Author:
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mkerley11mkerley11
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3 years ago
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yter Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Butwhy
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Yesterday
Helped a lot
bbbbbbbh
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2 hours ago
Good timing, thanks!
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