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Find the simple interest: Principal: $1750 Interest Rate: 2% Time: 9 years

Sagot :

Answer:

2,065.00

Step-by-step explanation:

Answer:

315

Step-by-step explanation:

To find simple interest you multiply all your numbers together.

But before you do anything you need to convert your interest rate into a decimal (you move the decimal two times to the left or divide it by 100)

Therefore , you will multiply 1750 * .02 * 9

which equals 315