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Or the missing pieces. 7. A deposit earns $102 after 36 months at a simple interest rate of 5%

Or the missing pieces. 7. A deposit earns $102 after 36 months at a simple interest rate of 5%
asked 231k views
4 votes
Or the missing pieces. 7. A deposit earns $102 after 36 months at a simple interest rate of 5%

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User Gaurav Ojha
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7.6k points

1 Answer

5 votes

P=(I)/(rt)
\begin{gathered} P=(102)/(0.05\cdot3) \\ P=(102)/(0.15) \\ P=680 \end{gathered}

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User Goddy
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