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1. Which of the following described to formula Is = prt?
2. What will you get if you divide the simple interest by the product of the rate and time?
3. If the investment amounting to ₱45,00 earned an interest of ₱3,500 how much be the maturity value?
4. Given that P=15,250, r=3.25% and t=3 years, find the simple interest.
5. Given that P= ₱20,820, r=2¼% and t=9 months, find the simple interest.
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