Calculate the SIMPLE INTEREST on $3500 for 3 years at 8% per annum
with steps please
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GIVEN...
P= $3500
T = 3 YRS..
R = 8%
S.I = ??
S.I = (P× R×T )/100
S.I = (3500× 3 × 8 )/100
S.I = 84,000/100
S.I = $ 840
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