Questions on Algebra: Percentage and Pie Charts answered by real tutors!

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Question 149611: Principle Rate Time
$400 14% 1yr
Please find the simple interest and simplify: Principle Rate Time
$400 14% 1yr
Please find the simple interest and simplify
Answer by checkley77(3674) About Me  (Show Source):
You can put this solution on YOUR website!
400(.14)^1
400*.14=$56.00 is the interest.