SOLUTION: What is the amount earned when $3600 is invested at a rate of 7% simple interest for three years?
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Question 322289: What is the amount earned when $3600 is invested at a rate of 7% simple interest for three years?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
Interest= p*r*t
p=3600
r=7%
t=3 years
..
I= 3600*0.07*3
Interest = $756
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