Which equation demonstrates the use of a simple interest formula, I = P r t, to compute the interest earned on $70 at 3% for 12 years?

I = (70) times (0.12) times (3)
I = (70) times (0.03) times (12)
I = (70) times (0.3) times (12)
I = (70) times (1.2) times (3)

B

Explanation:

I just got it correct.

B

Explanation:

its correct on edgeunity

`stare decisis is a legal doctrine that obligates courts to follow historical cases when making a ruling on a similar current or future case. stare decisis ensures that cases with identical facts be approached in the same way, unless overruled by the same court or a higher court such as the us supreme court. simply put, it binds courts to follow legal precedents set by previous decisions.

stare decisis is a latin term meaning "to stand by that which is decided".