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Mathematics 14 Online
bobthebee:

Hanna puts $4,383 in a savings account with an annual interest rate of 5.2 percent for 3 years. Into which variable should she substitute 4,383 in the simple interest formula I = p r t? I p r t

ZombieLover:

P stands for principal amount, meaning the initial amount of money being put in, hence it is the answer.

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