Raymond B. answered 08/30/25
Tutor
5
(2)
Math, microeconomics or criminal justice
in 1 year = 360 days, interest owed = .(.03)(9000) = $270
I = Pr
Britney S.
asked 03/04/21The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year.
P = $9000, r = 3%, t = 1 year
Raymond B. answered 08/30/25
Math, microeconomics or criminal justice
in 1 year = 360 days, interest owed = .(.03)(9000) = $270
I = Pr
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