Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessaryp = $12,403, r = 3.5%, t = ?, i = $2170.53

A. t = 7 years
B. t = 6 years
C. t = 5 years
D. t = 4 years


Answer: C

Mathematics

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