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Mathematics 14 Online
OpenStudy (anonymous):

Help. Finance type stuff is my weak point. Will fan and medal. If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year? a)$8 b)$50 c)$800

OpenStudy (tkhunny):

Interest = Principle * Annual Rate * Time in Years You are given three parts. Calculate the fourth.

OpenStudy (here_to_help15):

Multiply 200 and .4

OpenStudy (here_to_help15):

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