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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
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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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