what is simple intrest when princple is 292.80 time is 3 year and 4 month and rate is 4 percent
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Answer:
time = 10 / 3 years
rate = 4 %
principle = 292.80
I = PTR / 100
= 292.80 x 3.33 x 4 / 100
= 3900.096 / 100
= 39.00096
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