Solve.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 $3600.00 with an interest rate of 2% earned $288.00 in simple interest. Find the amount of simple interest earned if the principle is $1700.00 and the interest rate is 1%.
A. $136.00
B. $144.00
C. $68.00
D. $6800.00
Answer: C
Mathematics
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