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To find the interest at the end of the given number of days, use the simple interest formula, given below. Make sure to change the
To find the interest at the end of the given number of days, use the simple interest formula, given below. Make sure to change the rate from a percent to a decimal. Since the rate is understood to be per year, the value of t must be converted to a fraction of a year, and that fraction then needs to be written in its equivalent decimal form. Interestequalsprincipaltimesratetimestime IequalsPrt
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