SOLUTION: Please help me sole this equation in simple interest I=$30, r=4%, t=2 years

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Question 708353: Please help me sole this equation in simple interest I=$30, r=4%, t=2 years
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
30=P*0.04*2
30/0.08=P
$375=P