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an account earns annual simple interest find the interest earned, principal, interest point, or time


interest earned:?

principal:$800

interest rate:6.5%

time: 2 years

Verified Answer :

darshinipriya20

if u want simple interest than:
I=PRT
I=(800)(0.065)(2)
I=104

Photon

You have to apply the formula of the interest :

I = PRT
I = (800)(0.065)(2)
I = 104

The interest earned is 104.

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