Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Suppose you deposited $100 in a savings account 4 years ago. The simple interest rate is 3.2%. The interest that you earned in those 4 years is $12.80. Which of the following is/are true?
r =12.80
t=4
p=100
I=3.2%