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In the situation, simple interest is calculated yearly. How much interest was earned?

Principal: $12,000; Time: 3 years; Interest rate: 15%; Interest: ?

A$1800

B$5400

C$12,000

D$17,400

E$36,000

Verified Answer :

kierstinluvsgod

B is the answer, 5,400 is the interest

Aliwohaish12

12,000×3×0.15
=5,400 ......... ........

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