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Mathematics, 28.07.2019 10:00 Marcus2935

Tahmar knows the formula for simple interest is i = prt, where i represents the simple interest on an amount of money, p, for t years at r rate. she transforms the equation to isolate p : p = . using this formula, what is the amount of money, p, that will generate $20 at a 5% interest rate over 5 years?

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