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Sagot :
Simple Interest (SI) = Principal × Rate × Time
100
SI = 700$ × 4% × 2
100
SI = 7 × 4 × 2
SI = 56
therefore the simple interest is 56$
100
SI = 700$ × 4% × 2
100
SI = 7 × 4 × 2
SI = 56
therefore the simple interest is 56$
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