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Mathematics 7 Online
Noonehere:

Mr smith invested 2200 dollars in stock market for 2 years if the investment earned 12% simple interest how much money did mr smith earn in 2 years?

Noonehere:

Pleze help due tonight!

Vocaloid:

for simple interest, i = Prt where P is the principal (initial 2200 investment), r is the interest rate as a decimal (12% becomes 0.12) and t is time (2 yrs). Plug in the appropriate quantities and evaluate.

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