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3. The simple interest on $6,000 for 4 years is $1,680. *
Substituting the numbers into the simple interest formula, we get I=. p r t 1,680=(3000)(r)(8). Multiplying 1,680= 24,000r Divide both sides by 24,000 0.07= r So, the percentage is (0.07)(100)= 7%...
Well, Anita, I am glad to help out... Don't forget to rate my answer:)
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