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Suppose you borrow $300 at a yearly, or annual, simple intrest rate of 3.4% for 3 years. what values would you use for P,r, and t?

Suppose you borrow $300 at a yearly, or annual, simple intrest rate of 3.4% for 3 years. what values would you use for P,r, and t?
asked 167k views
1 vote
suppose you borrow $300 at a yearly, or annual, simple intrest rate of 3.4% for 3 years. what values would you use for P,r, and t?

asked
User Jakub Marchwicki
by
7.9k points

1 Answer

4 votes

Answer:

P=300

r= 3.4%

t=3

Explanation:

answered
User Amal Gunatilake
by
7.9k points
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