Find the simple interest and amount for the value of principal P, rate r per year, and time t.P = $7500, r = 6.3%, t = 3 years and 4 months
A. $1575.00, $9075.00
B. $1575.00, $5925.00
C. $157.50, $7657.50
D. $15,750.00, $23,250.00
Answer: A
Mathematics
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