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FOR MEDAL!! Find the time(T) if I= $1519, P= $6200, and R= 7% Formula is I = PRT
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I = Prt, where I is the simple interest, P is the principal amount, r is the rate, and t is the time in years 1519 = 6200(0.07)t 1519 = 434t t = 3.5 years or 3 years and 6 months <===ANSWER
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