Answer:
$80.64
Step-by-step explanation:
Time = 4
Rate = 3
Principal Amount = 672
Using the Simple Interest formula:
SI = [tex]\frac{P*R*T}{100}[/tex] where
P -> Principal Amount,
R -> Rate, and
T -> Time
Substituting the given values into the formula:
SI =
[tex]\frac{672*3*4}{100}\\\\= \frac{8064}{100}\\\\= $80.64\\[/tex]
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