SOLUTION: find the simple interest earned on $5500 when invested for 4years at 15% per annum

SOLUTION: find the simple interest earned on $5500 when invested for 4years at 15% per annum

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Question 873028: find the simple interest earned on $5500 when invested for 4years at 15% per annum

Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=5500*0.15*4
I=$3,300.00
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