Hanna puts $5.800 in a Savings account with an annual interest rate of 4.75 percent for 10 years .Into which variable should she substitute 5,800 in the simple interest formula I = p x r x t?
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Answer:
p- principal = $5800
Step-by-step explanation:
I= p*r*t
- I- interest
- p- principal = $5800
- r- interest rate = 4.75%
- t- time = 10 years
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