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Solve solution Homework: Chapter 8.3 Homework Question 4, 8.3.7 nw Score. 2070, Points: 0 of 1 S The principal P is borrowed at a simple

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Homework: Chapter 8.3 Homework Question 4, 8.3.7 nw Score. 2070, Points: 0 of 1 S The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year P = $12,500, r =12%, t = 30 days

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