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The principal P 2000 is borrowed at simple interest rate r 7 for a period...

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The principal P 2000 is borrowed at simple interest rate r 7 for a period of time t 1 year Find the simple interes owed for the use of the money Assume 360 days in a year and round to the nearest cent OA 285 71 OB 21 51 OC 140 00 OD 70 00

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