Solve the problem.The amount of simple interest earned on an investment over a fixed amount of time is jointly proportional to the principle invested and the interest rate. A principle investment of $1,500.00 with an interest rate of 7% earned $105.00 in simple interest. Find the amount of simple interest earned if the principle is $4,600.00 and the interest rate is 4%.
A. $184.00
B. $322.00
C. $18,400.00
D. $60.00
Answer: A
Mathematics
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A. 
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