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PLEASE HELP, WILL MEDAL AND FAN IF U WANT!! Based on simple interest, find the total amount saved or owed. principal = $3000; rate = 12%; time = 8 years A. $2880 B. $3360 C. $5000 D. $5880
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@SolomonZelman @texaschic101 @texaschic101 @Abhisar CAN U PLAEASE HELP, OR CAN YOU EXPLAIN TO ME HOW TO DO THIS!?!?!?!
P(1 + rt) = x
P = Principal Amount
r = Rate of Interest per year in decimal
t = Time Period involved in months or years
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