Solve each problem Simple interest varies jointly as principal and time. If $1000 invested for 2 yr

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Solve each problem

Simple interest varies jointly as principal and time. If $1000 invested for 2 yr earned $70, find the amount of interest earned by $5000 for 5 yr.

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College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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Question Posted: Feb 20, 2019 12:40 PM

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Solve each problem Simple interest varies jointly as principal and time. If $1000 invested for 2 yr

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Step 1 Let i be the interest in dollars p is the principal i...View the full answer

College Algebra

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