Answer:
To find the simple interest for an investment of $600 at a rate of 3% for 2 years using the formula l=prt, where l represents the simple interest, p represents the principal amount, r represents the rate of interest and t represents the time in years:
l = p * r * t
l = 600 * 0.03 * 2
l = 36
Therefore, the simple interest for this investment is $36.
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