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20-09-2022
Mathematics

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The simple interest earned on a deposit is given by the formula I= Prt, where I is the interest, P is the amount deposited, r is the interest rate as a decimal, and t is the time in years. a. Solve the formula for P. b. A man earns $27 after 2 years at an interest rate of 3%. How much did the man deposit?

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