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OpenStudy (anonymous):
I = Prt is the formula for simple interest. The principal is $4,840, the interest rate is 6%, and the time is two years. What is the interest charge? A. $58.08 B. $580.80 C. $620.19 D. $5,808.00
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OpenStudy (anonymous):
I chose 580.80 I just need someone to confirm it as correct
ganeshie8 (ganeshie8):
thats right, gw !
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