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 $1900.00 with an interest rate of 3% earned $57.00 in simple interest. Find the amount of simple interest earned if the principle is $4700.00 and the interest rate is 2%.

A. $141.00
B. $9400.00
C. $94.00
D. $38.00


Answer: C

Mathematics

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